Aug 3 (Reuters) - Air Products and Chemicals Inc beat third-quarter profit estimates on Wednesday, as higher pricing and income from its Saudi Arabia gas complex offset higher energy costs.

The company's income from the Middle East and India segment increased 42% in the quarter ending June 30 compared with a year earlier, primarily from the Jazan project in Saudi Arabia.

Sales from the Americas, at $1.3 billion for the quarter, led gains.

However, shares were down nearly 5% in morning trade.

Air Products, which supplies industrial gases to sectors ranging from electronics and manufacturing to food and beverages, reported sales of $3.0 billion for the quarter, missing analysts' estimates of $3.30 billion.

Profit was $2.98 per share for the quarter, compared with analysts' expectations of $2.91.

The Allentown, Pennsylvania-based company raised its full-year adjusted earning forecast range to $11.40-$11.50 from $11.30-$11.50, compared with analysts' estimate of $11.35.

Air Products in May closed on the world's largest green hydrogen production facility with Saudi Arabia's ACWA Power and NEOM, and will absorb full production volume of the green hydrogen produced in the form of green ammonia.

The company in May also signed a billion-dollar deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.

The 15-year on-site contract contribution from the project is expected to be in the bottom line by FY 2024, with a contribution of a minimum of 35 cents per share expected, the company said in a post-earnings conference call.

Air Products also said their Gulf Coast ammonia project was expected to deliver hydrogen from August.

CEO Seifi Ghasemi is also due to remain at his post at the company until September 30, 2028. (Reporting by Seher Dareen in Bengaluru; Editing by Krishna Chandra Eluri)