Oman is attracting investment
Investors flock to Oman summit
The sultanate’s potential to become a major green hydrogen player gains recognition among international investors
A sharp increase in the number of attendees at the latest Green Hydrogen Summit Oman, held in December, highlighted the sultanate’s potential to become a major player in the sector. Prudent policymaking combined with several natural advantages—climate, low population density, political stability and position on key world trade routes—have attracted provisional commitments by heavyweight foreign firms to produce more than 90% of the government’s target of 1mt/yr by the end of the decade. The focus now is on readying a wider ecosystem to accelerate the execution of projects, with the development of infrastructure and supply chains taking priority. The IEA estimates Oman can become the world’s
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