Category: Green Hydrogen

Oman’s economic diversification picking up pace

Image Source: Muscatdaily Oman’s longstanding drive to diversify its predominantly hydrocarbon-dependent national economy has gained strong impetus in recent years on the back of a combination of landmark legislative actions, policy interventions, reinforced organizational mandates and enhanced investment regimes, according to the International Monetary Fund (IMF). The UN global financial agency said in its newly […]
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Some subsidy allocations pared in Oman’s 2024 State Budget

Image Source: Oman Daily Modest cuts have been announced in subsidy allocations across a range of utilities and essential services in the 2024 State Budget of the Sultanate of Oman. This is in line with the government’s commitment to gradually rolling back subsidies – part of its longstanding bid to reduce the budget deficit. Subsidy […]
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Oman emerges as green energy hub in booming India trade

Image Source: ZAWYA A recent report by India’s Parliamentary Committee on External Affairs highlights Oman’s pivotal role in New Delhi’s green energy ambitions and burgeoning trade partnership with the Gulf Cooperation Council (GCC). The report, titled “India and Gulf Cooperation Council (GCC) – Contours of Cooperation,” underscores significant investments in green hydrogen and solar technology […]
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Oman Is Looking To Become a Green Energy Hub

Image Source: Oilprice Like other Gulf countries, Oman is dependent on oil and gas revenues for the major part of its export income, leaving it vulnerable to energy transition. It is therefore looking at large-scale production of carbon-free or ‘green’ hydrogen. With its magnificent renewable energy resources, huge areas of open land, and strategic location […]
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Under the auspices of the Ministry of Energy and Minerals, the third edition of The Green Hydrogen Summit Oman 2023 has commenced.

Image Source: Ministry of Energy and Minerals The third edition of the Green Hydrogen Summit Oman has commenced. Hosted by His Excellency Dr. Khamis Al-Jabri, Chairman, Oman Vision 2040. Running until December 14th, 2023, at the Oman Convention and Exhibition Center, the event is supported by the Ministry of Energy and Minerals. The summit gathers industry […]
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Oman’s latest green hydrogen deal brings country’s project pipeline close to its million-tonnes-a-year target

Image Source: The Arabian Stories Officials estimate $38bn in committed spend from developers — but few are ready to take FID Oman’s state-owned hydrogen auctioneer Hydrom has this week awarded a block of land to the SalalaH2 consortium, bringing production capacity — if all six blocks awarded so far are developed — to 925,000 tonnes […]
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Amnah Pledges Hydrogen Support for Oman’s Eco-Friendly Steel Sector

Image Source: Gosourcing Amnah, a multinational consortium that secured Oman’s initial land block through an international auction for green hydrogen development, has disclosed its strategic plan to allocate the renewable hydrogen produced in its multi-billion dollar investment in Duqm for the creation of green steel in the Sultanate of Oman. This crucial commitment to locally […]
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Oman, Port of Amsterdam to study liquid hydrogen corridor

Image Source: Solarquarter The government of Oman and the Port of Amsterdam will explore the development of a liquid hydrogen supply corridor to facilitate the export of green hydrogen from the Sultanate to the Dutch port and onwards to Europe. Oman’s Ministry of Energy and Minerals, state-owned company Hydrogen Oman (Hydrom), the Port of Amsterdam, […]
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Oman’s green hydrogen projects to support GDP growth, Fitch says

Image Source: Oman News Agency Oman’s aim to expand domestic green hydrogen production could support its gross domestic product, fiscal revenue and the balance of payments over the long term amid the global energy transition, according to Fitch Ratings. The main effect of the green hydrogen development plan in the near term is likely to be on investment […]
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