Oman will invest USD 20 billion to produce green hydrogen

Inspenet, March 16, 2023

The company Hydrogen Oman signed this week six agreements for the production of green hydrogen in Oman, with a total investment of more than 20,000 million dollars over the next seven years with developers from various countries.

The agreements include contracts for 47 years, of which seven are for the development and establishment of the projects and 40 for their exploitation.

The company, owned by Energy Development of Oman, has agreed to launch these projects with Belgium, the Netherlands, the United Kingdom, Japan, Singapore, Germany, India, Kuwait and the United Arab Emirates, the official news agency Oman News reported.

The projects have a production capacity of 15 gigawatts of electricity with an estimated area of 1,500 square kilometers in the provinces of Al Wusta (center) and Dhofar (south).

Source : %C3% A1n-acuerda-invertir-20000-millones-de-d %C3% B3lares-para-producir-hidr %C3% B3geno-verde

Photo: ShutterStock

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