Database / Saudi Arabia / 2024

Circular Carbon Economy (CCE) National Program

Strategic Active Verified

Saudi Circular Carbon Economy doctrine (G20-endorsed 2020) runs operationally through Aramco delivery and the 2nd NDC (December 2025): current CCUS capture 1.3 Mt/yr, the Jubail hub (Aramco 60%, Linde/SLB 20/20, shareholders agreement December 2024) capturing 9 Mt/yr by 2028 from three gas plants via pipeline to saline-aquifer storage, Yanbu green-methanol/low-carbon-urea CCU, Hawiyah-Uthmaniyah 800 kt/yr operating EOR, Fertiglobe saline-aquifer pilot with DNV-certified West Aquifer storage, and NEOM hydrogen plus KAPSARC DAC pilots. The programme logic is reduce-reuse-recycle-remove inside oil economics: capture monetised through EOR, blue hydrogen/ammonia exports and (prospectively) GCOM credits, with the Green Financing Framework channeling capital. CCE is less a regulation than an operating system for keeping hydrocarbons investible under a 2060 net-zero pledge.

National Governance Context

Saudi Arabia Overview

Aggregate National Maturity Index (Peak Strength)

Governed Policies

3

Identified Projects

7

Operational Cap 0.8 Mtpa
Under Construction Cap 15.0 Mtpa
Planned Cap 5.4 Mtpa

Related Policy Network

Directly Linked Assets