Saudi Arabian Refineries' Clean Energy Unit Signs MoU with AGR for Green Ammonia Offtake
AMMONIA
Saudi Arabian Refineries Company's subsidiary, Clean Energy Company, has signed a non-binding MoU with AGR to develop a green ammonia value chain in Saudi Arabia. AGR plans to purchase 100% of the output from a proposed green ammonia plant in Jazan Industrial City. The MoU reflects a mutual commitment to clean energy and will remain valid for six months, with no immediate financial impact expected.

Feb 8, 2026, 9:15 AM