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Significance
Oman is outpacing most global competitors in laying foundations to become a major international supplier of the carbon-free fuel, augmenting its natural advantages with regulatory, infrastructure and supply chain planning.
Impacts
Oman will step up collaboration with major potential hydrogen-importing countries in Asia, as it has done with those in Europe.
Limited quantities of ‘blue’ hydrogen will be produced during the late 2020s to decarbonise heavy industry in Oman’s north.
The United Arab Emirates (UAE) will become an important investor in Oman’s green hydrogen sector over the long-term.
Keywords:
Oman,
ME/NAF,
Asia,
Europe,
Middle East,
Saudi Arabia,
United Arab Emirates,
economy,
industry,
fiscal,
gas,
government,
oil,
policy,
renewable energy,
employment,
Fossil fuels,
Renewable energy
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2024
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