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Saudi Arabian Oil Co., one of the biggest oil producers in the world, has joined hands with the Kingdom’s energy ministry to establish a carbon capture and storage hub as Saudi Arabia steadily progresses to achieve its net-zero ambition by 2060. During the speech, Saudi Aramco CEO Amin Nasser said that the new CCS hub would be located on the east coast of Saudi Arabia in Jubail.  According to Nasser, the hub will have a storage capacity of up to 9 million tons of carbon dioxide a year by 2027.

Saudi Aramco partners with energy ministry to establish carbon capture and storage hub

Saudi Arabian Oil Co., one of the biggest oil producers in the world, has joined hands with the Kingdom’s energy ministry to establish a carbon capture and storage hub as Saudi Arabia steadily progresses to achieve its net-zero ambition by 2060. During the speech, Saudi Aramco CEO Amin Nasser said that the new CCS hub would be located on the east coast of Saudi Arabia in Jubail.  According to Nasser, the hub will have a storage capacity of up to 9 million tons of carbon dioxide a year by 2027.

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