Partnership for Green Horizon: OQGN and Fluxys Collaborate on Hydrogen Infrastructure in Oman
Key Ideas
- OQ Gas Networks SAOG and Fluxys have signed a Cooperation Agreement to jointly develop the hydrogen transportation infrastructure in Oman, aligning with the country's vision 2040 and hydrogen production targets.
- Fluxys, as a minority shareholder, will own and operate the hydrogen network alongside OQGN, showcasing a commitment to sustainable energy development.
- The partnership signifies a strategic collaboration to accelerate the energy transition in Oman while exchanging knowledge and experiences for effective infrastructure development.
- The signing event, held in Muscat, underlines the commitment of both organizations towards decarbonization and green hydrogen initiatives, aiming to create a brighter, greener energy future.
OQ Gas Networks SAOG (OQGN), the exclusive owner and operator of Oman’s natural gas transmission network, has partnered with Fluxys, a global energy infrastructure group based in Belgium, to jointly develop the hydrogen transportation infrastructure in Oman. The agreement, signed at a ceremony in Muscat, solidifies the collaboration between the two entities following a Memorandum of Understanding signed earlier. Fluxys intends to be a minority shareholder in the hydrogen network alongside OQGN, signaling a collective commitment to sustainable energy development.
The partnership between OQGN and Fluxys is aimed at enabling the rapid and efficient development of hydrogen infrastructure in Oman, aligning with the country’s vision 2040 and hydrogen production targets. This alliance not only showcases a strategic collaboration between the organizations but also demonstrates a commitment to exchanging knowledge and leveraging their combined experience for effective infrastructure development.
Both CEOs expressed enthusiasm for the partnership, highlighting the significance of working together to develop a new hydrogen transportation network in Oman. Eng. Mansoor bin Ali Al Abdali of OQGN emphasized the commitment to supporting Oman's green hydrogen and decarbonization initiatives, while Mr. Pascal De Buck of Fluxys reiterated the goal of accelerating the energy transition and contributing to Oman’s sustainable energy goals.
OQGN, with its monopoly over gas transportation infrastructure in Oman, aims to lead energy transition activities by championing innovative and sustainable solutions. Fluxys, on the other hand, operates globally in gas transmission and storage, with a commitment to transporting renewable energy carriers like hydrogen and biomethane. The partnership between OQGN and Fluxys not only aims to contribute to a greener energy future but also to support Oman’s energy transition goals in a cost-effective and efficient manner.
Topics
Green Hydrogen
Sustainability
Investment
Energy Transition
Green Energy
Partnership
Corporate Collaboration
Infrastructure Development
Energy Industry
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