Eye on the Capture: Saudi Arabia Poised for Lead in Carbon Tech

Eye on the Capture: Saudi Arabia Poised for Lead in Carbon Tech

The International Energy Forum (IEF) has positioned Saudi Arabia as a potential frontrunner in carbon capture technology, citing the country’s significant investments and upcoming projects. The IEF’s report highlights Saudi Arabia’s ambition to become a global leader in Carbon Capture, Utilization, and Storage (CCUS) by 2027, fueled by the launch of the world’s largest carbon capture hub on the east coast. This ambitious target stems from a […]

via Eye on the Capture: Saudi Arabia Poised for Lead in Carbon Tech

The International Energy Forum (IEF) has positioned Saudi Arabia as a potential frontrunner in carbon capture technology, citing the country’s significant investments and upcoming projects. The IEF’s report highlights Saudi Arabia’s ambition to become a global leader in Carbon Capture, Utilization, and Storage (CCUS) by 2027, fueled by the launch of the world’s largest carbon capture hub on the east coast.

This ambitious target stems from a joint initiative between Saudi Aramco, the national oil company, and the Ministry of Energy. The planned hub in Jubail boasts a projected storage capacity of 9 million tonnes of carbon dioxide per year by 2027. This captured carbon dioxide could then be utilized for various purposes, including enhanced oil recovery or conversion into usable products.

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