Oman has set an ambition to become one of the largest green hydrogen producers and exporters globally, targeting production of one million tonnes by 2030.
Salim Nasser Al Aufi, Minister of Energy and Minerals, unveiled the Sultanate of Oman’s new climate commitment and its ambitious green hydrogen strategy during a press conference held today.
“Oman is committed to decarbonise and help the world decarbonise. The pathway to net zero is an opportunity for Oman to create economic value, increase industrial competitiveness and attract investments to help diversify and strengthen the country’s economy,” said the minister.
To lead the country’s ambitious green hydrogen strategy, the government has established HYDROM, a fully owned autonomous subsidiary of Energy Development Oman SAOC (EDO).
Regulated by the Ministry of Energy and Minerals, HYDROM’s mandate includes the delineation of Government-owned land areas and the structuring of associated large-scale world-class green hydrogen projects, managing the process for their allocation to developers as well as facilitating the development of common infrastructure and connected ecosystem industries and hubs in close collaboration with the Public Authority for Special Economic Zones and Free Zones (OPAZ).
On 6 November 2022, HYDROM will be opening a first public bid round aimed at awarding the first land blocks by 2023 to meet the 2030 production target.
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