Saudi Arabia lines up new green hydrogen partners
Japanese and French tie-ups highlight momentum behind the Kingdom’s plans
Japanese Prime Minister Fumio Kishida’s state visit to Saudi Arabia in mid-July yielded a pledge to cooperate on hydrogen development, a week after the Kingdom signed a memorandum of understanding (MOU) with France to the same effect. Such promises have become almost routine when either Crown Prince Mohammed bin Salman, the de facto ruler, or his influential energy minister, Abdulaziz bin Salman, meet international counterparts. It is reflective of the centrality of the nascent sector to Riyadh’s economic diversification plan, but in the case of both Tokyo and Paris—as well as Seoul, with which international cooperation is most-advanced—the rhetoric is giving rise to more-concrete agreements
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory