The NEOM Green Hydrogen Company (NGHC) is located in Oxagon City within the NEOM Region, northwest of the Kingdom of Saudi Arabia. It produces approximately six hundred t of green hydrogen, which is used to decarbonize key sectors such as transportation and heavy industries, helping to avoid nearly five million t of CO₂ emissions globally each year.
In 2023, the Ministry of Industry and Mineral Resources in the Kingdom granted the first industrial operating license to NGHC. In the same year, the company completed the financial closure for its green hydrogen production plant project, with a total investment of USD8.4 billion, following the signing of financial documents with twenty-three local, regional, and international banks and investment firms.
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