Aramco, April 1, 2025 – Aramco has completed the acquisition of a 50% stake in Blue Hydrogen Industrial Gases Company (BHIG), located in Jubail, alongside Air Products Qudra (APQ). This partnership aims to provide Jubail Industrial City with hydrogen, including lower-carbon "blue hydrogen," produced from natural gas and through carbon capture and storage (CCS). BHIG plans to start commercial production of blue hydrogen in coordination with Aramco’s CCS initiatives in Jubail.
Ashraf Al Ghazzawi, Aramco’s Executive VP of Strategy & Corporate Development, noted that the investment will help develop a hydrogen network in the Kingdom’s Eastern Province, complementing the CCS hub and supporting both domestic and global carbon emission reduction efforts.
Ahmed Hababou, Chairman of Air Products Qudra, emphasized the significance of this joint venture in contributing to the hydrogen network for the refining, chemical, and petrochemical industries.
Mohammad Abunayyan, Vice-Chairman of Air Products Qudra, expressed pride in the partnership, underscoring its alignment with Saudi Arabia’s Vision 2030 for more sustainable energy solutions.