Construction at Neom Green Hydrogen Project is 80% Complete
06.03.2025 By Tank Terminals - NEWS

June 03, 2025 [Renewables Now]- Construction works at the 2.2-GW Neom green hydrogen project in northwestern Saudi Arabia are advancing, reaching 80% completion amid reports about weak demand, with only one committed international buyer secured so far.

 

The green hydrogen facility, wind and solar energy plants and transmission grid are already 80% completed as equipment is being received and installed, including wind turbines, hydrogen storage vessels, electrolysers, cold box and pipe racks, co-owner Air Products has announced.

The US industrial gases company, which is the sole offtaker and owner of about a third of the project, reaffirmed that the 4 GW solar and wind power generation sites are scheduled for completion by mid-2026. The first ammonia availability is expected in 2027, as planned.

The announcement comes on the heels of a report by Bloomberg suggesting that the developers of the USD-8.4-billion (EUR 7.35bn) project are weighing plans to slow the full buildout due to the lack of offtakers.

The output from Saudi Arabia’s flagship green hydrogen project was originally intended primarily for export, but as demand for green hydrogen on international markets is weaker than expected, the focus is reportedly being shifted to domestic consumption, which, however, remains uncertain.

 

TankTerminals.com is a market research platform with logistical, operational, infrastructural and shipping data that includes contact details of more than +9,600 tank terminals and +6,000 production facilities worldwide.

Access data. Decide better. See how.

Giant Canadian Green Hydrogen Project Shelved as Developer Shifts Focus to Domestic Power Exports
01.09.2026 - NEWS
January 09, 2026 [Fuel Cells Works]- World Energy GH2 has shelved its 1.2GW green hydrogen and ... Read More
Start-Up of the Steam Cracker at BASF’s Verbund Site in Zhanjiang, China
01.09.2026 - NEWS
January 09, 2026 [BASF]- BASF has successfully commissioned the steam cracker at its newly built ... Read More
ADNOC Announces Final Investment Decision for the SARB Deep Gas Development
01.09.2026 - NEWS
January 09, 2026 [ADNOC]- ADNOC today announced the Final Investment Decision (FID) for the SARB ... Read More
Equinor Awards $10 Billion Contracts to Maintain Norway’s Oil and Gas Output
01.09.2026 - NEWS
January 09, 2026 [Oil Price]- Equinor has awarded $10 billion worth of contracts to suppliers as ... Read More