Saudi Arabia Blocks Israeli Flight to Tel Aviv
Reports indicate that the national oil company in Saudi Arabia, Aramco, is studying an increase in its investments in green hydrogen from 2023 to 2030, aimed at strengthening its role in the sustainable energy market. Projections suggest that the investment value could reach hundreds of billions of dollars, with a plan to achieve significant green hydrogen production and export it to global markets. This initiative aims to support the Kingdom’s goals of diversifying its sources of income and reducing reliance on oil. The company is looking to build production capacities reaching hundreds of thousands of tons annually by 2030, focusing on electrolysis technologies and developing the necessary infrastructure.
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