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Saudi Arabia has “ambitious” plans and “will not be challenged in its record of being the biggest exporter of hydrogen on earth,” Energy Minister Prince Abdulaziz bin Salman said at a news briefing in Riyadh.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…
2103 Views | the publication reaches you by | Saudi Arabia TodayThe kingdom’s large natural gas reserves enable it to produce blue hydrogen, he said, referring to a form of the fuel that’s made when gas is reformed in a process that captures the carbon dioxide byproduct. In September, the country shipped the world’s first cargo of blue hydrogen, which was converted into ammonia.
By adding hydrogen to the crude oil it already produces and sells, Saudi Arabia hopes to preserve its role as an important energy supplier, including to countries shifting away from pollution-emitting fossil fuels.
Yet, hydrogen requires plenty of energy to produce, making it expensive, and is also difficult to transport. Green hydrogen costs between 3.50 euros ($4.15) and 5.00 euros per kilogram, according to the International Energy Agency. That compares with around 1.5 euros for the conventional, dirtier process that produces so-called grey or brown hydrogen. The cost of producing blue hydrogen lies in between these two.
150 take part through Watani Al Emarat via the ‘Your City Needs You’ initiative Over 150 volunteers –…
1827 Views | the publication reaches you by | Saudi Arabia Today
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The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).
