In the United Arab Emirates (UAE), Zawya reported that Hydrogen Oman (Hydrom) has signed a project development deal with international consortiums to develop two green hydrogen projects in Al Wusta governorate.
The two agreements represent a total investment value of $10 billion, according to the report. The total estimated production of the two projects will be 250,000 metric tons of green hydrogen.
The first agreement was signed with the POSCO-ENGIE consortium. The project will have a production capacity of about 200,000-220,000 tons per annum of green hydrogen, which would be turned into ammonia for export. The investment has been estimated at $7-8 billion, according to the report. Other consortium partners include Samsung Engineering, Thai national petroleum company PTTEP and two Korean utilities – Korea East-West Power Co. (EWP) and Korea Southern Power Co. (KOSPO).
The second agreement was signed with the Hyport Duqm consortium, comprising of Belgium-based international contractor and developer DEME and Oman-based energy company OQ. The first phase of the project aims to produce about 50,000 tons per year of green hydrogen and associated ammonia
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