Saudi Aramco has clarified that the reports claiming it was pausing blue hydrogen plans are inaccurate.
The company’s goal of producing up to 11 million tons of blue ammonia, a carrier of blue hydrogen, by 2030 remains unchanged, it said in a statement on Thursday.
"Aramco continues to work with potential customers and other stakeholders around the world and is making real progress across the blue hydrogen value chain.”
“This includes receiving the world’s first independent certification with Sabic for blue ammonia and blue hydrogen production, as well as delivering three shipments of blue ammonia to customers in Asia," the statement added.
Meanwhile, Saudi Aramco is pushing back a planned Riyadh initial public offering of its energy-trading business, people with knowledge of the matter told Bloomberg.
