Muscat – Oman and Belgium have signed a memorandum of understanding (MoU) to cooperate in the green energy sector, particularly in the field of green hydrogen.
The MoU has been signed between the sultanate’s Ministry of Energy and Minerals and Belgium’s Ministry of Energy. Both parties desire to promote and develop initiatives and projects in the field of green energy for mutual benefits, according to a press statement.
As per the MoU, Oman and Belgium will collaborate on the sultanate’s anchor green hydrogen project ‘Hyport Duqm’. The agreement will support the cooperation between companies of two countries to build an international consortium for the production of green hydrogen.
The MOU also called for the implementation of standards for green certification, and interaction between universities, scientific research institutions and private sector of both countries.
A number of international companies have expressed their interest and announced plans to invest in green hydrogen and green ammonia projects in Oman’s special economic zones and free zones, particularly in Duqm.
Hyport Duqm, the sultanate’s strategic green hydrogen project in the Special Economic Zone at Duqm, is a joint venture between Belgium-based DEME Concessions and Oman’s OQ Alternative Energy.
In the first phase the Hyport Duqm project will develop a 250MW to 500MW green hydrogen facility in the Special Economic Zone at Duqm. The facility is planned to come into operation in 2026 and will respond to the global demand for green hydrogen and its derivatives.