Middle East Eye: Qatar is the world’s second largest helium producer and traditionally exports much of its production overland via Saudi Arabia. But in July 2017, Riyadh and other Gulf Cooperation Council (GCC) governments imposed a blockade amid alleged ties with terrorism.
The move was not unexpected. Forced into crisis mode, Doha shut its two production plants and fell back on contingency plans to offset the expected economic hit.
“The first industry that emerged was hydrogen, so they came up with contracts to get it to market,” recalls Theodore Karasik, a senior adviser at consultancy Gulf State Analytics in Washington, DC.
Moving nimbly, Qatar reconfigured its export market, switching 25 percent of exports from GCC member UAE to East Asia, including China, Singapore and South Korea. In doing so, it became the world’s fifth largest hydrogen exporter, with sales of more than $520m by 2019.
Continue reading - https://www.middleeasteye.net/news/gulf-qatar-saudi-arabia-uae-hydrogen-green-next-fuel
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