The IEA forecasts that Oman is on track to become the largest hydrogen exporter in the Middle East, and the sixth largest exporter globally by 2030. Its 12 June report ‘Renewable Hydrogen from Oman: A Producer Economy in Transition’ is the first IEA report to analyze the potential of renewable hydrogen in a producer economy. The IEA assesses that green hydrogen is set to bring multiple benefits to the sultanate, including “investment, natural gas savings and reduced CO2 emissions as Oman transitions towards a net zero economy.”
“The IEA is very pleased to be working with Oman on policy and technical matters as the country moves ahead on its journey to a net zero economy and shows other producer countries what is possible,” said IEA Executive Director Fatih Birol. “Oman is an oil and gas producer country that is taking an enlightened approach to its energy future, with a clear long-term vision and strong net zero ambitions,” he continued. Just a week before Cop 27 in Egypt last year, Oman announced its ambitions for net-zero by 2050. (CONTINUED - 1261 WORDS)
