Saudi Arabia's NEOM Green Hydrogen Project is 80% complete, but the overall NEOM initiative is being downsized due to lower oil revenues. The ambitious plans for The Line and other components are being scaled back as the Kingdom reallocates funding in response to rising construction costs and reduced oil income. The green hydrogen facility remains a priority as it aligns with future revenue strategies.
Sign in to access complete coverage, AI analysis, and related companies.
Sign In to Continue