OXAGON has signed a land lease agreement with a Saudi industrial gas firm to develop a green gases plant that will produce hydrogen, oxygen, argon, and nitrogen.  Abdullah Hashim Industrial Gases & Equipment Co. (AHG) plans to build the gas production and distribution facility in OXAGON’s industrial quarter, and eyes starting early operations in late 2026.

The phased development will see ground broken in February next year, with subsequent phases due to start in 2028.  AHG has not announced the plant’s planned capacity or output.

It comes as NEOM anticipates growing industrial gas demand from future manufacturing bases that will be set up within the futuristic industrial city.The pair say the plant will reduce reliance on long-distance gas imports, minimise supply chain disruptions, and cut emissions from transport.

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