The Saudi shipment of blue ammonia to Japan suggests that the GCC’s hydrogen strategy will focus on exports.
GCC governments are advised to follow a two-fold strategy, targeting exports abroad, while also building domestic value chains ‘at home’.
Investment in building a complete hydrogen value chain at the national level fits the GCC’s diversification strategies and their ambition to attract FDI.
Adopting a holistic approach in devising and implementing their hydrogen strategy may do more for GCC states than replacing one energy source with another. It may contribute to a green economic recovery and diversification.