Oman to launch third green auction
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
Oman has unveiled plans to launch its third auction of green hydrogen concessions in the first quarter of 2025, defying the recent cooling of global industry sentiment. Auctioned blocks of land are expected to be allocated to prospective project developers in late 2025 or early 2026, state developer Hydrom said at an investor day in Muscat in early December. However, the design of the auction mechanism is expected to differ from the first two rounds as the government takes into account the challenges faced by developers globally in progressing projects to FID. Revisions to the block allocation process could include the use of novel mechanisms such as the double auction structure pioneered by
Also in this section
18 June 2025
The country’s green hydrogen sector can gain traction even as the global trade war rages and other headwinds hamper the sector, Mohsen al-Hadhrami, undersecretary of energy and minerals, tells Hydrogen Economist
18 June 2025
UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project
11 June 2025
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
