Oman signs an agreement for $20 billion of green hydrogen projects
Oman has signed binding commercial term sheets for six projects involving green hydrogen that will require investments of around $20 billion. The Hyport Duqm consortium, Green Energy Oman, ACME’s Green Hydrogen and Chemicals SPC, and the SalalaH2 consortium will all collaborate on developing the projects. More than 700,000 tonnes of green hydrogen are anticipated to be produced at the plants, which will be close to the ports in Salalah in the south and Duqm in central Oman
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