Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that his ministry has signed 8 memoranda of understanding with government entities to use hydrogen-powered vehicles, according to Reuters.
And the Saudi Ministry of Energy announced, in a tweet, on the site of social network Twitter, the signing of memoranda of understanding with some partners to carry out a series of pilot projects on the use of hydrogen in selected sites and roads in some of the cities of the Kingdom.
The Royal Commission for Jubail and Yanbu said that the Saudi Minister of Energy and the chairman of the Royal Commission for Jubail and Yanbu have signed a memorandum of understanding to cooperate in the implementation of pilot projects for hydrogen applications in the transport sector in the city of authority, as part of the circular carbon economy initiative.
Saudi Energy Minister Prince Abdulaziz bin Salman said that there are those who do not like to see the Kingdom as dominant in the field of green hydrogen, but we will be like that, and we have the potential to be the lowest country in the world in production cost.
Prince Abdulaziz bin Salman added during his attendance at the World Economic Forum that there is a great economic reason for achieving our goals in the field of energy transformation, and I don’t know of another country that can prove such a thing.
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