Investors flock to Oman summit
The sultanate’s potential to become a major green hydrogen player gains recognition among international investors
A sharp increase in the number of attendees at the latest Green Hydrogen Summit Oman, held in December, highlighted the sultanate’s potential to become a major player in the sector. Prudent policymaking combined with several natural advantages—climate, low population density, political stability and position on key world trade routes—have attracted provisional commitments by heavyweight foreign firms to produce more than 90% of the government’s target of 1mt/yr by the end of the decade. The focus now is on readying a wider ecosystem to accelerate the execution of projects, with the development of infrastructure and supply chains taking priority. The IEA estimates Oman can become the world’s
Also in this section
9 October 2024
Geopolitical shift is boosting investment case for renewable hydrogen production in the two regions
8 October 2024
As the world decarbonises, the emergence of green hydrogen stands as a pivotal force in the energy transition landscape
4 October 2024
Boost for CCUS and blue hydrogen projects as government confirms funding for HyNet and East Coast clusters
3 October 2024
The stakes are high for project developers as they choose which hydrogen molecule or derivative with which to target future markets