Oman's Hydrom Initiates Third Round of Green Hydrogen Auctions
Key Ideas
  • Hydrom in Oman is inviting parties for the third round of hydrogen auctions with updates on land availability and project timelines.
  • The project aims to award contracts by late 2025 and early 2026, contributing to a total of 1 million tons per annum from 2030.
  • Oman has progressed in green hydrogen initiatives, awarding land blocks and signing agreements for a liquid hydrogen corridor to Europe.
  • Interested parties can access reliable news and updates on project activities in the Middle East and Africa through the Projects' PULSE newsletter.
Oman's government-owned green hydrogen development entity, Hydrom, is holding its third round of hydrogen auctions on April 30, inviting interested parties to participate. Through a virtual launch, the event will unveil new auction opportunities and provide details on land availability, bidding mechanisms, and project timelines. The anticipated project awards are set for the fourth quarter of 2025 and the first quarter of 2026. In previous rounds, Oman has allocated eight land blocks for producing a combined total of 1 million tons per annum starting from 2030, showcasing the country's commitment to green hydrogen. Additionally, Oman has recently signed a significant agreement to establish a liquid hydrogen corridor transportation link between Oman and Europe. This development highlights Oman's proactive approach towards fostering green energy projects and international partnerships. The initiatives by Hydrom and the government signify a promising future for green hydrogen production and utilization in the region. Interested stakeholders can stay updated on such transformative projects by subscribing to the Projects' PULSE newsletter, offering reliable news, insights, and updates on various project activities, developments, and collaborations across sectors in the Middle East and Africa.
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