Oil-rich Abu Dhabi targets hydrogen as fuel for future export

Oil-rich Abu Dhabi targets hydrogen as fuel for future export

The move is in line with the shift among some of their buyers toward less-polluting alternatives to crude.

File picture shows cracking towers at the Ruwais refinery and petrochemical complex, operated by Abu Dhabi National Oil Co (ADNOC).
ABU DHABI:
Three of Abu Dhabi’s biggest government-backed companies agreed to work together to turn the oil-rich emirate into an exporter of blue and green hydrogen.

Mubadala Investment Co, Abu Dhabi National Oil Co and ADQ have formed an alliance to produce hydrogen using natural gas and renewable energy and market it overseas as well as in the UAE, ADQ said in a statement.

Some Middle Eastern states that built their fortunes on oil are seeking to develop hydrogen as fuel, given a shift among some of their buyers toward less-polluting alternatives to crude.

Saudi Arabia’s energy minister has said he wants the kingdom – the world’s biggest oil exporter – to become the world’s largest shipper of hydrogen.

Like Saudi Arabia, Abu Dhabi produces natural gas, which it could use to produce what is known as blue hydrogen. It also has ample sunshine, which it could harness to develop a variant called green hydrogen. Abu Dhabi is the capital and largest emirate in the UAE.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.