Aramco and Air Products Qudra (APQ) have recently announced that Aramco has completed the acquisition of a 50 % equity interest in the Jubail-based Blue Hydrogen Industrial Gases (BHIG) Company.
The agreement aims to provide Jubail Industrial City with scaled-up, lower-carbon hydrogen from experts in their respective fields.
Blue Hydrogen Industrial Gases Company (BHIG) is set to launch commercial operations for blue hydrogen production in collaboration with Aramco’s carbon capture and storage (CCS) activities in Jubail.
BHIG is a joint venture between Air Products Qudra and Saudi Aramco, focused on producing blue hydrogen—low-carbon hydrogen from natural gas with carbon capture and storage.
Ashraf Al Ghazzawi, executive vice president of strategy & corporate development at Aramco, said, “… 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, chairman of Air Products Qudra, said, “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, vice-chairman of Air Products Qudra, said, “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.”
