جلسة سمو وزير الطاقة في قمة الهيدروجين العالمية | Saudi Arabia's Global Ambitions in Clean Hydrogen

[M108-02] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:17:00 · جلسة سمو وزير الطاقة في قمة الهيدروجين العالمية | Saudi Arabia's Global Ambitions in Clean Hydrogen · 2023-05-11 · مشاهدة عند هذا التوقيت

Well, first of all, it's limitless. And second I was fortunate to spend some time with her Excellency just a few minutes ago and some of the members of your industry here. I also was fortunate to host France and Kadri Simson European Commissioner for Energy, for almost 2 days and a half visit Saudi Arabia. it's a very good opportunity for us to share not only to share but actually showcase what we are doing. Repeat on our ambitions of green hydrogen through hydrogen in fact we're hoping that we work with the commission and member-states on trying to figure out the way to categorize hydrogen as being clean hydrogen so regardless of what would be the source as long as it's meets certain standards for a specific standards and certifications that would be allowed to be called clean. I think the word would be much better in time to be inclusive as long as we meet the environmental standards.

[M108-03] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:01:41 · جلسة سمو وزير الطاقة في قمة الهيدروجين العالمية | Saudi Arabia's Global Ambitions in Clean Hydrogen · 2023-05-11 · مشاهدة عند هذا التوقيت

The reason I said it's Limitless, it is on the eyes of the buyers. What we could do or what we've been doing shared with our friends here and shared with our friends in the commission. We are open to any structure of arrangements, all the way from producing green electricity, all the way to transporting it convert it to hydrogen transporting it. Even in the transportation will open to the idea of shipping it piping it even in the receiving part we're open to collaborate with congregations of consortiums. We want to showcase also that as Franz was saying just while ago, that is our ambition is not just on the hydrogen, but also in exporting green electricity. Reaching out for some countries in Europe to see how much of an accessibility, we could have that's why we're working with member-states like Holland and Germany for now I was there last week. I even you know for me now I do see Franz now more than my wife and children.

[M108-04] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:03:21 · جلسة سمو وزير الطاقة في قمة الهيدروجين العالمية | Saudi Arabia's Global Ambitions in Clean Hydrogen · 2023-05-11 · مشاهدة عند هذا التوقيت

So he does complain the same. He has the same complaint that we are getting to see each other more often than what we used to with regard. But the mindset we have is that we want to be prominent if we can supplier of hydrogen. The model we will use is a convenient model for all that wants to buy hydrogen from us. We have a history of working collaboratively, the notion of joint venturing is some of sort of an art that we have perfected ourselves in anything from our early experience in the 70s. So we like the concept of collaborating and Joint venturing just when quite a few with so many Dutch companies and some of them are here present. But honestly we need certainty, we need commitment and we need certainty. And obviously this industry, as it's new, we need incentives we need regulatory framework that make it meanable and enabling regulatory framework to enable to thrive as possible. We want to showcase to the world, that we are we are going to be the incubator of all energy sources. And we would like to take up that challenge. And if we can succeed to be a leading exemplary, an example producer of all of the above, if we can be enabled to do that, we will be more than happy to be there.

[M108-06] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:05:40 · جلسة سمو وزير الطاقة في قمة الهيدروجين العالمية | Saudi Arabia's Global Ambitions in Clean Hydrogen · 2023-05-11 · مشاهدة عند هذا التوقيت

Well, our first project is NEOM. You know, it took some publicity but maybe to the audience some of you may not know that we're already Aramco is exporting blue hydrogen. SABICthat we have its CEO here, have just recently exported blue hydrogen. In fact, if I'm doing marketing for them, they still have I think 50,000 tons of hydrogen from ammonia, it's available if you would like to buy it, we would be more than happy to furnish it. We are working now with a consortium. The concept we have is that we do have our own national champions. Though we have of course Aramco and SABIC. Now government shares of SABIC has been bought by Aramco. In green hydrogen we have PIF we have their own National Champion which is being built now, along with Aqua Power which is semi-owned by PIF. But the kind of approach that we have is that the investment fund of Saudi Arabia is a meanable of creating more and more companies so as long as it takes to create national champions, to be the counterparty with the consortiums that may evolve into development. We honestly believe that keeping governments and regulators operate as governments and regulators is the right thing. Working with national champions in a way that enables them to be the counterpart to the commercial collaboration is the right formula.

[M108-07] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:07:43 · جلسة سمو وزير الطاقة في قمة الهيدروجين العالمية | Saudi Arabia's Global Ambitions in Clean Hydrogen · 2023-05-11 · مشاهدة عند هذا التوقيت

So, but again, I was explaining to her Excellency, just a while ago, we don’t come with a box. I personally don't like the idea of, in fact I joke a lot about, this concept that think outs of the box. I keep saying to my colleagues in the ministry and the ecosystems there is no thinking without the box or inside the box you know thinking has nothing to do with the box, there no something called box thinking, either or you stress and confine yourself to a box. But if you confine yourself to a box, you really lose touch of possibilities that you have because of your confinement. You lost an opportunity to look at the broader picture and see how can you be inclusive enough where these ideas may evolve. So long as you pick, the right partner, the right choices and also you demonstrate your sincerity to the commitment you are willing to this job. It is nothing I could do more as a government or even as a national champions than having to be in one week, in Germany we spent a full day with at least 105 companies, working on what we could do in hydrogen. We know that the right fit for us and that's why I made this trip and sign this agreement because I know the Port of Rotterdam if we are going to use ships it will be our hub to Europe there is no other better hub than Rotterdam for us, because and I'm not trying to be complimentary here or being sayi,ng anything then being polite,

[M108-08] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:09:58 · جلسة سمو وزير الطاقة في قمة الهيدروجين العالمية | Saudi Arabia's Global Ambitions in Clean Hydrogen · 2023-05-11 · مشاهدة عند هذا التوقيت

but maybe tell me about two countries that are serious about hydrogen than the two countries that is Holland and Germany. We know that you are putting facilities and you know you have a plan you know you have the right companies you know that you are building storages, you are building pipelines, you are building all of the above. So, it goes without saying that the natural potential partner for us for now is Germany and Holland. We really need to create a big bang to make ourselves more visible and I think we need the word to say something different this time around. We don't need more bragging about wanting to do with these things we need people to execute the will and exercise the will to deliver this things.

[M108-09] · سمو وزير الطاقة (HRH the Minister of Energy) · التوقيت 00:11:25 · جلسة سمو وزير الطاقة في قمة الهيدروجين العالمية | Saudi Arabia's Global Ambitions in Clean Hydrogen · 2023-05-11 · مشاهدة عند هذا التوقيت

By the way we are having a roundtable with who is who in the industry here in an hour or two. We welcome anybody who wants to participate, you know, we have nothing to hide, but we have everything to demonstrate. If there is anything else that we could showcase that we are serious you know Bedouins like Dutch if if they get into their heads, we become like a tick we stick and stick until we get away with what we want.