Oman’s state-owned energy company OQ signed on November 21 a memorandum of understanding with South Korea’s Kogas Tech to explore opportunities in the green hydrogen industry as Oman is looking to attract foreign investment to its clean energy projects. Oman is in talks with investors to build green ammonia and hydrogen projects in three free zones, a government official said in August. Oman is accelerating efforts to develop clean energy products as it seeks to supplement its energy industry as well as cater to the global demand for green ammonia and hydrogen. The authority has already signed a land reservation agreement with India’s renewables company ACME Solar Holding Private Limited to develop a green hydrogen and ammonia project in Duqm free zone and German energy company Uniper will join Oman’s Hyport Duqm renewable hydrogen project to provide engineering services and negotiate an exclusive offtake agreement for green ammonia from the facility.
Oman's state-owned energy company OQ signed on November 21 a memorandum of understanding with South Korea's Kogas Tech to explore opportunities in the green hydrogen industry as Oman is looking to attract foreign investment to its clean energy projects. Oman is in talks with investors to build green ammonia and hydrogen projects in three free zones, a government official said in August. Oman is accelerating efforts to develop clean energy products as it seeks to supplement its energy industry as well as cater to the global demand for green ammonia and hydrogen. The authority has already signed a land reservation agreement with India's renewables company ACME Solar Holding Private Limited to develop a green hydrogen and ammonia project in Duqm free zone and German energy company Uniper will join Oman's Hyport Duqm renewable hydrogen project to provide engineering services and negotiate an exclusive offtake agreement for green ammonia from the facility.
Oman’s OQ, Kogas Tech ink agreement to explore green hydrogen opportunities
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