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Analysis: Why has Air Products rethought its Neom hydrogen strategy?

Gas
May 1, 2025

The 2.2GW Neom green hydrogen project has long stood out for its audacious scale and plans to deliver green molecules to Europe.

However, those plans have now been delayed.

While the plant will still start up at the end of 2026, Air Products, the plant’s owner, operator and sole offtaker, won’t immediately look to sell Neom hydrogen molecules to European industries.

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