Aramco CEO Amin Nasser at a news conference in Dhahran
Aramco eyes big share of global blue hydrogen market
CEO points to competitive advantages of low-cost gas reserves and access to aquifers for CCS
Saudi Aramco will aim to capture a “big percentage” of the global market for blue hydrogen but will need to sign offtake deals before planning a significant ramp-up in production, senior company executives say. “Hydrogen is a very interesting market for us. We are looking at the markets and, basically, we are looking for offtake agreements," says Aramco president and CEO Amin Nasser. “The major markets that you are looking at today in terms of demand are Japan and Korea,” he said during a presentation of the company’s second quarter and half-year 2021 results. "The major markets that you are looking at today in terms of hydrogen demand are Japan and Korea" Nasser, Ara
Also in this section
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
1 December 2025
Project at Emden in northwest Germany due online in 2027, but wider ramp-up of clean hydrogen sector in Germany will require overhaul of government policy, company warns
25 November 2025
The northwest African country’s vision of integrating green power, molecules and steel is alive and kicking, and serves as a reminder of hydrogen’s transformative potential
