Riyadh - Sharikat Mubasher: Saudi Arabia is implementing a dual-track strategy to become a global hydrogen powerhouse. Leveraging its vast renewable resources and industrial scale, the Kingdom is positioning itself as a leader in the emerging clean fuel market. Through its flagship mega project, NEOM, the Kingdom is building the world’s largest green hydrogen plant, expected to produce 600 tons of green ammonia per day by 2026.
During the Saudi-Japan Ministerial Investment Forum, Minister of Investment Khalid Al-Falih announced that the Kingdom is preparing to begin exporting green hydrogen to Japan soon.
He noted that Japan is the third-largest trade partner for Saudi Arabia, with bilateral trade exchange reaching SAR 138 billion, a 36% increase compared to 2016. Building on this relationship, Al-Falih emphasized that Saudi Arabia remains Japan's largest energy exporter and is committed to promoting a clean energy transition.
The $8.4 billion facility in NEOM will integrate up to 4 GW of solar and wind energy to produce carbon-free hydrogen, converted into green ammonia for cost-effective global transport and industrial use.
The forum, which gathered senior government and private-sector representatives, featured discussions on Japan’s growth strategies and Saudi Vision 2030. It also witnessed the signing of 12 memoranda of understanding (MoUs) spanning sectors such as space, finance, agriculture, and technology.
