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aramco-finalises-50-stake-in-air-products-qudras-saudi-blue-hydrogen-subsidiary
Initial signing in 2024 © Saudi Aramco
aramco-finalises-50-stake-in-air-products-qudras-saudi-blue-hydrogen-subsidiary
Initial signing in 2024 © Saudi Aramco

Aramco finalises 50% stake in Air Products Qudra’s Saudi blue hydrogen subsidiary

Saudi Aramco has completed the 50% acquisition of Air Products Qudra’s (APQ) Saudi-based blue hydrogen subsidiary, Blue Hydrogen Industrial Gases Company (BHIG).

After agreeing on the deal last July, the partners plan to deliver low-carbon hydrogen – produced from methane with carbon capture – via pipeline to the Jubail Industrial City.

H2 View understands that the acquisition will also include options for Aramco to offtake core ammonia components hydrogen and nitrogen from BHIG.

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