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31 Mar 2025

50% stake in Blue Hydrogen Industrial Gases company obtained by Aramco

50% stake in Blue Hydrogen Industrial Gases company obtained by Aramco

Air Products and Aramco’s partnership aspires to aid the hydrogen economy’s growth and accelerate industrial carbon reduction. Together, these companies showcase that Aramco has successfully acquired a 50% equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG). The agreement encourages experts to collaborate on providing hydrogen and lower-carbon hydrogen at scale to the Jubail Industrial City area.

BHIG’s purpose is to target the production of hydrogen through the capture and storage of CO2, this includes lower-carbon hydrogen (blue hydrogen) from natural gas. Once commercial operations commence, the organisation will align with Aramco’s carbon capture and storage (CCS) activities in Jubail, when it is producing blue hydrogen.

Ashraf Al Ghazzawi, Aramco Executive Vice President of Strategy & Corporate Development, commented, “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 capitalize on emerging opportunities both domestically and globally to reduce carbon emissions, support growth, and diversify our energy portfolio.” 

Ahmed Hababou, Air Products Qudra Chairman, mentioned, “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.”

Mohammad Abunayyan, Air Products Qudra Vice-Chairman, added “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-carbon intensity energy solutions guided by the Kingdom’s Vision 2030.”

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