Green hydrogen purchase agreement signed
OQIO Alternative Energy Companies and the Oman's Osool Group have signed a Memorandum of Understanding to purchase green hydrogen, aimed at developing its use in the transportation and logistics sectors in Oman. This collaboration reflects the integration of roles between the energy and logistics sectors and seeks to utilize the green hydrogen produced through a project in Duqm to encourage its use in operational costs, support the growth of the hydrogen economy, and develop local capabilities by building infrastructure and the hydrogen value chain. The project is expected to produce up to 400 kilograms of green hydrogen daily, with potential expansion through a hydrogen supply station in Duqm, contributing to the shift towards low-carbon transportation methods and strengthening Oman's position as a global logistics hub.
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