Saudi NEOM Hydrogen Project: Delays trigger emergency meetings

Saudi Crown Prince Mohammad Bin Salman (MBS) has directed key ministries during recent emergency meetings to implement countermeasures against these challenges and reinforce the project’s global appeal.

This note explores NEOM’s hydrogen project, including:

• Revised fiscal framework to attract international offtake
• Saudi proposals for foreign entities
• Short-term output contingency plans
• Concerns over UAE parallel hydrogen push