Shell Oman Signs Agreements For Syngas And LNG Offtake; Takes Stake In Green Hydrogen Project

Shell Oman has signed a Letter of Intent with Oman’s Ministry of Energy and Minerals to explore the deployment of Liquified Synthetic Gas in Oman. In another agreement, Shell Oman has taken a 35 percent stake in Green Energy Oman, the consortium that is developing the country’s largest renewable green hydrogen project. In a third agreement, Shell Oman has signed a term sheet with Oman LNG for the purchase of 0.8 million metric tonnes per year of liquefied natural gas for a period of 10 years, starting from 2025.