Friday 23 February 2024

Hydrom in deal to set up EU green hydrogen corridor

MUSCAT, December 4, 2023

Hydrogen Oman (Hydrom), a subsidiary of Energy Development Oman, said it has signed a joint study agreement (JSA) with Zenith Energy, an expert in creating sustainable liquid storage terminals, and GasLog, a LNG shipping services group, to set up infrastructure for the export of green hydrogen to Port of Amsterdam in Netherlands and also Europe.
Oman's Ministry of Energy and Minerals too is a major player in the new Oman-EU green hydrogen corridor project, said a statement from Hydrom.
The agreement was signed by Engineer Salim Nasser Al Aufi, Minister of Energy and Minerals and Prince Jaime de Bourbon de Parme, the Climate Envoy of the Kingdom of the Netherlands, at Oman’s pavilion in the ongoing COP28 event in Dubai. 
The agreement entails conducting a detailed assessment of the requirements to develop an open-access hydrogen liquefaction, storage and export facility in Oman, along with the provision of specialized vessels for the transportation of the liquid hydrogen, currently under development by GasLog.
According to Hydrom, the primary aim of the agreement is to establish a green hydrogen corridor between the sultanate and Netherlands, with the terminal of Zenith Energy as the destination for the import, regasification and further distribution of Oman-produced hydrogen to both local offtakers within the port of Amsterdam, as well as large industries in the European hinterland.
The open-access liquefaction facility will also enable the Omani government to explore cost effective hydrogen export corridors to other global markets.
The government of the Sultanate of Oman has pursued a hydrogen strategy that seeks to capitalize on the country’s abundant (wind and sun) natural resources and existing port and industrial infrastructures. Moreover, its geographical location puts Oman in a prime position to supply the European and the Asian markets.
Hydrom is orchestrating the overall development of the Omani hydrogen sector and is responsible for master-planning, managing the allocation of government lands to hydrogen developers and overseeing the execution of projects. 
The open-access facility for liquefaction would unlock a great potential for these projects, offering liquid hydrogen as a viable vector that can be utilized by individual projects for export, said a top official.
"As countries around the world race to achieve a hydrogen-based economy, the fundamental challenges of storing and transporting hydrogen on large scale remain open. Oman is building an economically sustainable future by establishing a fully integrated hydrogen ecosystem," remarked Engineer Abdulaziz Al Shidhani, the Managing Director of Hydrom.
"This joining of efforts with the Port of Amsterdam, Zenith Energy Terminals and GasLog will help bring us one step closer to our shared goal," he added.-TradeArabia News Service


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