Oman and India find hydrogen common ground
The sultanate’s pitch to international clean fuel investors has been heard by the energy-thirsty Asian behemoth
Muscat has been swiftly playing catch-up in renewables over the past two years—driven by a longstanding gas shortage, falling solar power costs and global decarbonisation pressure—and more recently it has been talking about expanding its clean energy drive into the hydrogen space. Meanwhile, New Delhi, a close political and trading partner, formally embarked in February on a National Hydrogen Mission to replace fossil fuels with the new energy source. In early March, the twin ambitions were happily married—spawning an agreement for Indian conglomerate Acme to invest some $2.5bn in developing a 2,200t/d green hydrogen and ammonia production plant at Duqm, on the sultanate’s central east coast
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory