Aramco, a leading global energy and chemicals company, has completed the acquisition of a 50 percent equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company from Air Products Qudra. This agreement brings together industry leaders to supply hydrogen, including lower-carbon hydrogen, at scale to the Jubail Industrial City area.
BHIG is focused on producing hydrogen from natural gas, including “blue hydrogen,” which is generated through carbon capture and storage. Commercial operations are expected to commence in coordination with Aramco’s CCS activities in Jubail, reinforcing the company’s commitment to sustainable energy solutions.
Aramco executive vice president of strategy & corporate development, Ashraf Al Ghazzawi, emphasised the significance of the investment, stating: “Aramco’s investment in BHIG is expected to contribute to the development of a hydrogen network in the Kingdom of Saudi Arabia’s Eastern Province. This network, along with our CCS hub in Jubail, can help us capitalise on emerging opportunities both domestically and globally to reduce carbon emissions, support growth, and diversify our energy portfolio.”
Air Products Qudra chairman, Ahmed Hababou, highlighted the joint venture’s impact on the regional hydrogen infrastructure, stating: “This joint venture is another example of the steps Aramco and Air Products Qudra are taking to contribute to the development of a robust hydrogen network in the Kingdom’s Eastern Province, serving the refining, chemical, and petrochemical industries.”
Vice-chairman of Air Products Qudra, Mohammad Abunayyan, also underscored the strategic nature of the partnership, saying: “We are proud of this partnership with Aramco and pleased to see one of the world’s leading integrated energy and chemicals companies and the world’s leading hydrogen supplier conclude this strategic partnership focused on generating lower-energy solutions guided by the Kingdom’s Vision 2030.”
With this investment, Aramco and APQ aim to accelerate the development of a sustainable hydrogen economy in Saudi Arabia, supporting global efforts to reduce carbon emissions while advancing the Kingdom’s energy transition goals.
For more information visit www.aramco.com
