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Neom Hydrogen-Based Ecosystem

Sector: Oil and Gas • Location: Saudi Arabia

Source: S&P Global

Project
Planned

Neom, part of Saudi Arabia's Vision 2030, plans to develop a hydrogen-based ecosystem that will utilize renewable energy to produce clean feedstock for fertilizers, chemicals, and oil derivatives. The project includes a joint venture with Air Products to develop 4 GW of renewable energy, with potential expansion to 15-30 GW in the future.

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Project Information

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The project “Neom Hydrogen-Based Ecosystem” is an infrastructure initiative in the Oil and Gas sector, located in Saudi Arabia. Taiyo aggregates data on it from S&P Global.

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Participants

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Status

Original status

Planned

Taiyo status

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Contact

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Email

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Description

Description

Neom, part of Saudi Arabia's Vision 2030, plans to develop a hydrogen-based ecosystem that will utilize renewable energy to produce clean feedstock for fertilizers, chemicals, and oil derivatives. The project includes a joint venture with Air Products to develop 4 GW of renewable energy, with potential expansion to 15-30 GW in the future.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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