Oman is formulating an energy transition strategy
Investors flock to Oman’s hydrogen sector
Progress of projects on the ground is outpacing policymaking in the sultanate
Oman’s Ministry of Energy & Minerals tendered for an international consultant in early June to help formulate the sultanate’s energy transition strategy—encompassing policies on hydrogen, carbon sequestration and renewables. Whatever the study’s conclusions, it will inevitably end up in part validating developments already underway as international investor activity outruns the wheels of state bureaucracy. In the second quarter alone, a Saudi/US team signed up to develop a multibillion-dollar green hydrogen project in the far south, a German developer committed to a smaller scheme in the far north, while Shell agreed to collaborate with the country’s main oil and gas producer on carbon c
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