Animated loader dots14ComingSoonAnimated loader dots
Jazan, Saudi Arabia

About Us

Air Products Qudra is the development and investment company of Air Products in the Middle East with having Qudra Energy as the joint venture partner, a subsidiary of Vision Invest. Air Products Qudra is bringing world-leading technologies and global capabilities in Industrial Gases, Low-Carbon Hydrogen, and CCUS with leading the Energy transition.

Air Products Qudra is the leading sustainability partner in the Middle East, supporting countries to achieve their industrial and net-zero targets.

$12 Billion ASU/Gasification/Power Joint Venture at Jazan, Saudi Arabia

Financial close and transfer of second group of assets completed.

Air Products announced financial close and transfer of the second group of assets for the $12 billion gasification and power joint venture (JV) with Aramco, ACWA Power and Air Products Qudra in the Jazan Economic City (“Jazan”), Saudi Arabia. 

The JV’s purchase of this second group of assets at Jazan follows the successful asset acquisition and project financing transactions for the first group of assets completed in late October 2021. 

The JV serves Aramco’s Jazan Refinery, a megaproject to process 400,000 barrels per day of the crude oil to produce the main products such as ultra-light sulphur diesel, gasoline, and other products.
 

newsroom