Saudi Arabia will be most competitive in hydrogen production: SABIC CEO

Abdulrahman Al-Fageeh, CEO, Saudi Basic Industries Corp.

Saudi Arabia will be the most competitive in hydrogen production based on economic foundations and available resources such as solar and wind energy, said Abdulrahman Al-Faqeeh, CEO of Saudi Basic Industries Corp. (SABIC).

In a session during the Saudi Green Initiative, he said that the company is working to remove carbon and carbon emissions from hydrogen and is coordinating with Saudi Aramco and other companies to produce ammonia, which has proven to be the most competitive. He indicated that there is a need for all partners and value chains to cooperate in technical works and others.

Al-Faqeeh also indicated that the logistical aspect is important, pointing to the need for an integrated logistics services chain for hydrogen producers and consumers, as well as financing and more time for the project to become successful.