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Oman selects Engie and Posco to build a hydrogen export project

Hydrom, the orchestrator and master planner of Oman's green hydrogen industry, has awarded land block (Z1-02) to a the consortium led by Engie and Posco as part the Hydrom Phase A Round 1 call for projects in Oman.

Spanning 340 km2, the concession block is located in Duqm, with downstream elements to be established at the Port of Duqm. The project will comprises up to approximately 5 GW of new wind and solar capacity, Battery Energy Storage System (BESS) and a renewable hydrogen plant with a capacity of up to 200 kt/year. The hydrogen will then be transported by a hydrogen pipeline to connect the port of Duqm, where it will feed the ammonia production plant. 1.2 Mt/year of green ammonia will be exported in South Korea in 2030.

The project contract will last for a period of 47 years, including a 7-year development and construction phase followed by a 40-year operational period. Construction should begin in 2027, with the first shipment of green ammonia to South Korea planned for the second half of 2030. Other partners in the consortium include Samsung Engineering, Korea East-West Power (EWP), Korea Southern Power (KOSPO), and FutureTech Energy Ventures (a subsidiary of PTTEP).

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