Oman's Strategic Move: Round 3 of Green Hydrogen Projects Unveiled
Key Ideas
- Hydrom in Oman announced the 3rd round of public bidding for green hydrogen projects, emphasizing the country's commitment to sustainable development.
- The bidding round, starting in early 2025, is set to attract both international and local investors with a focus on boosting in-country value and infrastructure readiness.
- Collaboration efforts to develop a liquid hydrogen corridor have shown progress, including the feasibility study for specialized transport ships for exporting liquefied hydrogen.
- The event saw the participation of 400 investors and industry leaders, showcasing global interest and confidence in Oman's vision for a green hydrogen economy.
Hydrogen Oman Company 'Hydrom' revealed plans for the 3rd round of public bidding on lands for green hydrogen projects in Oman, during an 'Investor Day' event in Muscat. The event gathered 400 investors and industry leaders globally, aiming to explore strategic investment opportunities in the green hydrogen sector in Oman. The upcoming bidding round, scheduled to start in early 2025, focuses on attracting international and local investors while prioritizing in-country value and infrastructure readiness. Minister of Energy and Minerals, Eng. Salem Nasser Al Aufi, highlighted Oman's commitment to developing the green hydrogen sector strategically, leveraging renewable resources and geographical advantages. The announcement also emphasized the cooperation to develop a liquid hydrogen corridor, including the feasibility study for specialized transport ships for exporting liquefied hydrogen. Duqm Port plays a crucial role in supporting the export of green hydrogen from Oman to European and Asia-Pacific markets. The event demonstrated global interest and confidence in Oman's vision for a green hydrogen economy, reinforcing the country's strategic move towards sustainability and innovation.