Fluxys and OQGN Collaborate on Hydrogen Infrastructure Development in Oman
Key Ideas
  • Belgium's Fluxys and Omani state-owned OQ Gas Networks sign a term sheet cooperation agreement to jointly develop hydrogen transportation infrastructure in Oman.
  • OQGN aims to advance decarbonization infrastructure in Oman, while Fluxys plans to invest in low-carbon energy value chains connecting countries with high renewable potential to Belgium and Europe.
  • The collaboration between Fluxys and OQGN demonstrates a commitment to supporting Oman's energy transition goals by leveraging their joint experience and capabilities in green hydrogen infrastructure.
  • The CEOs of OQGN and Fluxys express excitement and commitment to creating a greener energy future through the development of a new hydrogen transportation network in Oman.
Belgium's Fluxys and Omani state-owned transmission system operator OQ Gas Networks (OQGN) have signed a term sheet cooperation agreement to jointly develop the hydrogen transportation infrastructure in Oman. Fluxys intends to own and operate the hydrogen network as a minority shareholder, alongside OQGN. This collaboration follows a memorandum of understanding signed in 2023 to strategically collaborate on hydrogen and CO2 network developments in Oman. OQGN aims to facilitate the timely development of decarbonization infrastructure in Oman, while Fluxys plans to invest in new low-carbon energy value chains connecting countries with high renewable potential to Belgium and Europe. The partnership between Fluxys and OQGN signifies a commitment to supporting Oman's green hydrogen and decarbonization initiatives. Both companies seek to exchange knowledge and leverage their combined experience to meet Oman's requirements for hydrogen transport infrastructure and contribute to the national agenda in a cost-effective manner. The CEOs of OQGN and Fluxys express enthusiasm for the collaboration, emphasizing their dedication to accelerating the energy transition, creating new value chains, and promoting sustainable energy goals in Oman. The partnership aims to bring renewable hydrogen to Belgium and Europe while fostering a brighter, greener energy future.
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