Amin Nasser, the CEO of Saudi Aramco, has revealed that his company is struggling to find off-takers for the blue hydrogen it makes, due to high prices. The state-owned company is infamous for how much it backs oil and gas, much like the entire nation. Last June, Saudi Aramco announced that it plans to produce around 2 million tons of blue hydrogen per year by 2030 which would all be converted 11 million tons of blue ammonia. But as of 2023, Saudi Aramco is struggling to sign any lucrative deals as the price was quoted by Nasser to be three times as high as oil: “It is very difficult to identify any off-take agreements in Europe for blue hydrogen because…