Project reaffirms ENGIE’s commitment to accelerating the GCC’s low carbon transition
ENGIE, a global leader in low-carbon energy and services, together with POSCO, one of the world’s largest steel producers, have announced their spearheading role in a consortium set to mobilize Oman’s renewable energy resources through the development of a 1.2mtp Green Ammonia project.
Other partners in the consortium include Samsung Engineering, Korea East-West Power Co. (EWP), Korea Southern Power Co. (KOSPO), and FutureTech Energy Ventures Company (a subsidiary of PTTEP).
The ENGIE and POSCO led-consortium has been named the winner of land block (Z1-02) offered by Hydrom, the orchestrator and master planner of Oman’s green hydrogen industry.
Duqm
Spanning 340sqkm, the concession block is in Duqm, with downstream elements to be established at the Port of Duqm.
The land block will include a total renewable energy capacity of approx. 5GW which comprises wind and solar power, in addition to battery energy storage (BESS) and a hydrogen plant that will produce 200 kilotons per annum (ktpa) of green hydrogen.
The hydrogen will then be transported by a pipeline to the Special Economic Zone at Duqm where it will be converted into approximately 1.2mn tons per annum (mtpa) of green ammonia for export. The Commercial Operation Date (COD) is expected by 2030.
“I am confident that this collaboration will yield significant results in terms of sustainable development and job creation,” commented HE Véronique Aulagnon, Ambassador of France to Oman.
