Oman-Netherlands Sign Agreements for World's First Liquefied Hydrogen Export Corridor
Key Ideas
- The Sultanate of Oman and the Kingdom of the Netherlands signed agreements for a liquefied hydrogen corridor, infrastructure development for hydrogen transport, and a partnership with Royal Vopak.
- The agreements aim to establish the world's first commercial export corridor for liquefied hydrogen, enhancing Oman's position as a global hub for green hydrogen production and export.
- The partnership involves eleven companies from three countries focusing on the entire value chain of hydrogen production, transport, storage, and regasification, contributing to sustainable economic and developmental opportunities.
- The agreements signify a strategic step towards Oman's journey in building a green hydrogen-based economy and reinforcing its readiness to lead the sector, while also supporting long-term strategic efforts to diversify energy sources and enhance energy security.
During a state visit of His Majesty Sultan Haitham bin Tarik to the Kingdom of the Netherlands, the Sultanate of Oman and the Kingdom of the Netherlands signed three agreements related to hydrogen. The first agreement involves the establishment of the world's first commercial export corridor for liquefied hydrogen, linking Oman, the Netherlands, and Germany. This initiative will solidify Oman's position as a global hub for green hydrogen production and export. The second agreement focuses on studying the development of infrastructure for transporting hydrogen and carbon dioxide via pipelines. The third agreement is a partnership with Dutch company Royal Vopak to spearhead the development of Duqm in Oman as an integrated hub for various products. The agreements aim to enhance Oman's green hydrogen strategy and create sustainable economic and developmental opportunities. The involvement of eleven companies from three countries across the hydrogen value chain will ensure efficient production, transport, storage, and regasification. Representatives from public and private entities of Oman, the Netherlands, and Germany participated in signing the agreements, demonstrating a collaborative effort in shaping a new future for Oman's energy sector. The agreements are viewed positively, marking key milestones in Oman-Netherlands cooperation in clean energy and supporting efforts to diversify energy sources and enhance energy security.