This book provides a first-of-its-kind analysis of the emerging global hydrogen economy from the vantage point of one of the world’s biggest energy providers: Saudi Arabia. In 2021, and within the context of the Circular Carbon Economy framework, Saudi Arabia announced its goal to reach net-zero carbon emissions by 2060 and produce a substantial amount of clean hydrogen annually by 2030. The Kingdom is optimally situated geographically between the major demand markets in Europe and North Asia, from where it can leverage clean hydrogen exports as a potential tool to become a player of strategic importance and successfully diversify its economy under its Vision 2030 program. More broadly, the book charts a course for fossil fuel-exporting countries such as Saudi Arabia to carve a competitive position for themselves over the forthcoming decades using clean hydrogen as a catalyst for the energy transition.

Senior Fellow- Oil & Gas
Rami Shabaneh is a senior fellow in the Oil and Gas program, with a focus on global gas and hydrogen…
Rami Shabaneh is a senior fellow in the Oil and Gas program, with a focus on global gas and hydrogen markets. Rami has nearly 15 years of research and industry experience analyzing energy markets and energy policy. Before joining KAPSARC, Rami worked at Cenovus Energy as a market fundamentals analyst, providing analytic support on specific issues affecting North American gas, natural gas liquids and condensate markets. His work informed the company’s hedging strategies. Before working at Cenovus Energy, Rami spent three years as a research economist at the Canadian Energy Research Institute. He holds a B.Sc. in actuarial science and an M.Sc. in sustainable energy development from the University of Calgary.
Expertise
- Natural Gas and Hydrogen
Publications See all Rami Shabaneh’s publications

Advancing Plastic Waste Recycling in the GCC: Policies, Technologies, and Economic Opportunities
This book provides a first-of-its-kind analysis of the emerging global hydrogen economy from the vantage…
21st April 2025
Macroeconomic and Sectoral Effects of Natural Gas Price: Policy Insights from a Macroeconometric Model
This book provides a first-of-its-kind analysis of the emerging global hydrogen economy from the vantage…
4th February 2025