Oman energy minister Salim al-Aufi says he expects FID on the first of eight planned green hydrogen projects in the sultanate to be made in 2026 or 2027.
The most likely to advance is the 60,000 t/y first phase of Hyport Duqm. Beyond being manageably small Hyport has the combined backing of state firm OQ Alternative Energy (25.5%) and BP (49%) (MEES, 2 August 2024). Belgium’s Deme also holds a 25.5% stake. The partners plan to install 1.4GW of renewable energy capacity and a 500MW electrolyzer under the first phase of the project, with plans to later scale up the electrolyzer to 1GW. (CONTINUED - 198 WORDS)
