Oman's Green Hydrogen Revolution: Launching Third Auction Round in Duqm
Key Ideas
- Oman launches its third green hydrogen auction round in Duqm, aiming to solidify its position as a global green hydrogen hub.
- The auction offers flexibility and innovation for developers, inviting proposals for projects covering a minimum of 100 square kilometers in a 300 square kilometer land block.
- Developers can benefit from Oman's strong competitive advantages, including access to infrastructure, stable regulatory framework, and strategic proximity to key demand centers in Europe and Asia.
- Oman has already secured over USD 49 billion in investment commitments targeting a combined green hydrogen production capacity of over 1 million tons per annum by 2030 through previous rounds.
Oman has launched its third green hydrogen auction round in Duqm as part of its strategy to become a leading global hub for green hydrogen production and export. The auction, orchestrated by Hydrom, aims to offer innovative and flexible opportunities for qualified developers to invest in Oman's fast-growing hydrogen ecosystem. The third round, building on past successes, offers a 300 square kilometer land block in Duqm, with proposals invited for projects covering a minimum of 100 square kilometers. Developers will have the flexibility to define their project footprint, enhancing competitiveness and aligning with market requirements. With an extended nine-month preparation period, developers can plan comprehensively, including the option to sell surplus renewable electricity to the national grid. Oman's competitive advantages, common-use infrastructure, stable regulations, and strategic location offer developers lucrative prospects. The country's energy transition efforts include a 2,000-kilometer hydrogen pipeline and the world's first liquid hydrogen export corridor to Europe. Previous rounds have already secured over USD 49 billion in investments targeting a combined green hydrogen production capacity of over 1 million tons per annum by 2030. The auction process begins with the release of the RFQ, with awards expected after proposals submission in early 2026. Developers interested in participating can find details on Hydrom's website.
Topics
Projects
Renewable Energy
Energy Transition
Investment Opportunities
Global Hub
Auction Round
Oman's Strategy
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