“We’re going to have a large share [of the market for blue hydrogen]. The scale up isn’t going to happen before 2030. We’re not going to see large volumes of blue ammonia before then. From the time you make clear off-take agreements, you’re talking about a five- to six-year capital cycle to invest in the production and conversion requirements.”
–Ahmad Al-Khowaiter, Aramco’s chief technology officer, said in an interview with Bloomberg Television on Sunday in Dhahran, eastern Saudi Arabia, where the company’s based. [Bloomberg]
