ACWA Power, OQ & Air products sign JDA for ammonia production facility in Oman

ACWA Power, OQ & Air products sign JDA for ammonia production facility in Oman

Saudi Arabia-based power plant developer, ACWA Power, and Oman’s leading integrated energy group, OQ have signed a joint development agreement (JDA) with American international corporation Air Products (APD) to invest in a world-scale green hydrogen-based ammonia production facility powered by renewable energy in Sultanate.

The joint venture project, envisioned for Oman’s Salalah Free Zone, would be based on proven, world-class technology. “Further, it includes the innovative integration of renewable power from solar, wind and storage, production of hydrogen by electrolysis, production of nitrogen by air separation, and production of green ammonia,” according to the statement.

It is anticipated that the green hydrogen-based ammonia production facility would be equally owned by the project partners.

Commenting on this venture, OQ Chairman Mr. Mulham Al Jarf said that, “This project positions OQ as an energy transition enabler, while playing on our strengths and leveraging our expertise in the downstream chemicals business, particularly in Salalah where we have extensive operations, and our demonstrated ability to off-take products and competitively deliver them to global customers. The project fits well with the Sultanates’ renewable energy strategy and fosters investments in alternative energy resources, both of which contribute to Oman Vision 2040.”

Mohammad Abunayyan

Chairman

ACWA Power “As a company that is driving