The Kingdom of Saudi Arabia is planning to become the hydrogen powerhouse of the world. The government seeks to transform the Kingdom into the world’s largest hydrogen exporter. The fuel is believed to be pivotal for curbing climate change.
Prince Abdulaziz bin Salman, told the media at an event,” I guarantee a few months from now you will see an expose of what we will be doing in hydrogen, what will be our national ambitions and how we can still maintain the lead in this ambition. The kingdom, which is currently the world’s biggest oil exporter “will not be challenged in its record of being the biggest exporter of hydrogen on earth. We’re looking at it comprehensively. We are at the first stage but a very ambitious stage. We have a project in Neom, which is the largest green hydrogen on planet earth.”
Prince Abdulaziz bin Salman said that the Kingdom has the potential to produce blue hydrogen because of its abundant natural gas reserves. Blue hydrogen is a type of fuel which is formed during gas reformation, where a process captures carbon dioxide by product.
The Kingdom shipped the world’s first blue hydrogen cargo to Japan in September. It was converted to ammonia. Earlier, the US-based company Air Products & Chemicals and ACWA Power International signed a deal to develop a renewable energy and hydrogen-based ammonia power plant worth $5 billion in the Kingdom’s planned futuristic city of Neom.