NGHC receives first industrial operating license in Oxagon
Saudi Arabia’s Ministry of Industry and Mineral Resources has issued the first industrial operating license for NEOM Green Hydrogen Company (NGHC), an equal joint venture between NEOM, ACWA Power, and Air Products, based in Oxagon.
When complete, NGHC is expected to be the largest at-scale green hydrogen production company in the world based in Oxagon, home to advanced and clean industries in NEOM, with a next-generation port and fully automated and integrated supply chain and logistics network.
Furthermore, NGHC is a flagship green hydrogen tenant within the wider renewable energy industrial ecosystem being built at Oxagon.
The NGHC mega green hydrogen plant at Oxagon is expected to be operational in 2026, and 100% of the green hydrogen produced will be available for global export, in the form of green ammonia, through an exclusive long-term off-take agreement with Air Products.
The plant, which will be constructed by Air Products as an EPC contractor and system integrator, will run on around 4 GW of wind and solar energy and produce green hydrogen using 2.2 GW electrolysis technology supplied by thyssenkrupp NUCERA.
Haldor Topsoe will provide the technology to produce green ammonia at the plant, with Baker Hughes as the selected technology partner for hydrogen compression.
To note, Air Products will also deploy their own air separation technology.
In December 2022, NGHC awarded an engineering, procurement, and construction (EPC) contract to Indian Larsen & Toubro (L&T) for the plant.
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