- Jun 2, 2023 7:07 am GMT
Oman has big industrial and structural ambitions and we here are the first public signs of significant progress, involving, as is so often the case areas around the ports and exploiting links with Europe and Rotterdam
Oman Hydrogen - Hydrom Signs 3 Deals to Develop Green Hydrogen Projects with Investments of Over $20 Bln
Shell and BP amongst the winners
Oman plans to produce one million tonnes of green hydrogen per year by 2030.
The Omani country aims to increase green hydrogen production to 1.25 million tonnes per year by 2030, the Sultanate has announced.
To achieve this production target, Oman has earmarked two blocks in Duqm, on the east coast of Oman, and four more blocks in Salalah, each 320 km² in area, are to be announced for development. The Duqm block will be floated on 6 November with the expectation of award in March 2023, while the Salalah block will be sold in April 2023 with the aim of announcing the award before the end of the year.
Oman aims to increase green hydrogen production from 32,500 to 3.75 million tonnes per year by 2040 and from 3.5 to 8.5 million tonnes per year by 2050. The country estimates that it will need a cumulative investment of $140 billion over this period to reach its production target by 2050.
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network® is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.