Germany and Saudi Arabia to cooperate in the field of hydrogen production

( – Germany and Saudi Arabia want to work together as to hydrogen production. The Cabinet of the Kingdom has approved a letter of intent to this end. As Saudi Aramco, the world’s largest oil producer, explained, the company is looking for buyers in key markets. The hydrogen market has enormous growth potential. The production of hydrogen is, however, rather energy-intensive. Still, there is particularly high demand in Europe and North America.

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