{"id":257113,"date":"2023-05-12T19:38:54","date_gmt":"2023-05-12T17:38:54","guid":{"rendered":"https:\/\/climatescience.press\/?p=257113"},"modified":"2023-05-12T19:38:57","modified_gmt":"2023-05-12T17:38:57","slug":"saudis-demand-hydrogen-enthusiasts-back-their-hype-with-money","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=257113","title":{"rendered":"Saudis Demand Hydrogen Enthusiasts Back their Hype with Money"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From Watts Up With That?<\/a><\/p>\n\n\n\n

Essay by Eric Worrall<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201c\u2026 we will not sanction a project without securing an off-take agreement.\u201d.<\/p>\n\n\n\n

\n

Aramco Weighs LNG Exports as Hydrogen Talks Prove Tough<\/strong><\/p>\n\n\n\n

May 11, 2023<\/p>\n\n\n\n

Aramco weighs LNG exports as hydrogen talks prove tough. <\/strong><\/p>\n\n\n\n

Saudi Aramco<\/a> is weighing exports of liquefied natural gas instead of blue hydrogen, as talks with potential buyers of the latter fuel prove tough.<\/p>\n\n\n\n

\u2026<\/p>\n\n\n\n

Yet existing technology means blue hydrogen could cost the equivalent of around $250 a barrel of oil, Aramco\u2019s chief executive officer said.<\/p>\n\n\n\n

Amin Nasser, <\/strong>for blue hydrogen said on a call with analysts:<\/p>\n\n\n\n

It is very difficult to identify any off-take agreement in Europe.<\/strong><\/p>\n\n\n\n

\u201cEven the customers in Japan and Korea are waiting for government incentives. Until they get these incentives, it\u2019ll be costly for them to pursue that blue hydrogen.<\/strong>\u201d<\/p>\n\n\n\n

\u2026<\/p>\n\n\n\n

\u201cThis is a very expensive program,\u201d Nasser said. \u201cIt\u2019s a lot of capital and you need customers. So we will not sanction a project without securing an off-take agreement.\u201d<\/strong><\/p>\n\n\n\n

\u2026Read more: https:\/\/hydrogen-central.com\/aramco-weighs-lng-exports-hydrogen-talks-prove-tough\/<\/a><\/p>\n<\/blockquote>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Blue hydrogen is produced from fossil fuel, but the CO2 is supposed to be buried via carbon sequestration.<\/p>\n\n\n\n

I wish our politicians were smart enough to wait until there is an actual demand for product, before blowing billions of taxpayer dollars on building infrastructure to produce hydrogen which nobody genuinely wants.<\/p>\n\n\n\n

As for the Saudis, I suspect they will eventually embrace the low risk option of exporting low cost natural gas to countries with hydrogen programmes, so those who claim to support the hydrogen economy can also carry the financial risk of building the infrastructure.<\/p>\n\n\n\n

The Saudi position seems crystal clear and rational. It\u2019s tough to justify building expensive climate friendly hydrogen facilities, when despite all the noisy hype, nobody genuinely wants the product.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Aramco\u00a0is weighing exports of liquefied natural gas instead of blue hydrogen, as talks with potential buyers of the latter fuel prove tough.<\/p>\n","protected":false},"author":121246920,"featured_media":257118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691819508,691818076,691818370,691819423],"class_list":{"0":"post-257113","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-aramco","9":"tag-co2","10":"tag-hydrogen","11":"tag-lng","13":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0the-hindenburg-disaster.png?fit=1200%2C600&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-14SZ","jetpack-related-posts":[{"id":259849,"url":"https:\/\/climatescience.press\/?p=259849","url_meta":{"origin":257113,"position":0},"title":"Is Green Hydrogen Being Overhyped?\u00a0","author":"uwe.roland.gross","date":"05\/31\/2023","format":false,"excerpt":"Plenty of talk but not very much action, it seems. The author notes that \u2018the small size of hydrogen molecules poses safety and greenhouse gas-related risks that must be mitigated\u2019, while most current gas grids can\u2019t cope with more than 20% hydrogen content anyway. Affordability looks at least questionable. Such\u2026","rel":"","context":"In \"green hydrogen\"","block_context":{"text":"green hydrogen","link":"https:\/\/climatescience.press\/?tag=green-hydrogen"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0green-hydrogen.jpg?fit=1200%2C570&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0green-hydrogen.jpg?fit=1200%2C570&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0green-hydrogen.jpg?fit=1200%2C570&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0green-hydrogen.jpg?fit=1200%2C570&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0green-hydrogen.jpg?fit=1200%2C570&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":250088,"url":"https:\/\/climatescience.press\/?p=250088","url_meta":{"origin":257113,"position":1},"title":"Saudi Aramco To Build $10 Billion Refinery And Petrochemical Complex In China","author":"uwe.roland.gross","date":"03\/29\/2023","format":false,"excerpt":"Saudi Aramco plans to build a $10-billion refining and petrochemical complex in China over the next three years, taking advantage of the country\u2019s growing demand for energy.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-1218.png?fit=1200%2C797&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-1218.png?fit=1200%2C797&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-1218.png?fit=1200%2C797&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-1218.png?fit=1200%2C797&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-1218.png?fit=1200%2C797&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":379975,"url":"https:\/\/climatescience.press\/?p=379975","url_meta":{"origin":257113,"position":2},"title":"BP May Cancel Teesside Hydrogen\u00a0Project","author":"uwe.roland.gross","date":"05\/26\/2025","format":false,"excerpt":"The Telegraph is reporting that BP may pull out of its hydrogen project on Teesside.","rel":"","context":"In \"British Petroleum (BP)\"","block_context":{"text":"British Petroleum (BP)","link":"https:\/\/climatescience.press\/?tag=british-petroleum-bp"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0BP-Logo-History.jpg?fit=1200%2C1117&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0BP-Logo-History.jpg?fit=1200%2C1117&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0BP-Logo-History.jpg?fit=1200%2C1117&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0BP-Logo-History.jpg?fit=1200%2C1117&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0BP-Logo-History.jpg?fit=1200%2C1117&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":311494,"url":"https:\/\/climatescience.press\/?p=311494","url_meta":{"origin":257113,"position":3},"title":"Saudi Oil Giant CEO says world should abandon the fantasy of living without oil","author":"uwe.roland.gross","date":"03\/22\/2024","format":false,"excerpt":"In a radical move, the CEO of an oil giant actually defended oil. 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