Strategy, seeking $140 billion

Strategy, seeking $140 billion

Blog Article

Among the GCC capitals, Muscat, Abu Dhabi, and Riyadh are particularly active on hydrogen. In 2022, Oman published its Hydrogen Strategy, seeking $140 billion in investment to target an annual production of 1-1.25 megatonnes of green hydrogen by 2030 – mainly at HYPORT Duqm, led by the Belgian company DEME. This would rise to 3.25-3.75 megatonnes by 2040 and 7.5-8.5 megatonnes by 2050. The UAE has also taken significant steps to develop green hydrogen, within its borders and abroad. In 2021 the UAE inaugurated the largest hydrogen plant in the Middle East and North Africa, a joint initiativebetween Siemens Energy and Dubai Electricity and Water Authority, and started building the region’s first dedicated export terminal in Fujairah. ADNOC targets 1 สล็อตเว็บตรง