Hydrogen to become a new engine for Oman’s growth

  • Date: 11-Nov-2023
  • Source: Times of Oman
  • Sector:Oil & Gas
  • Country:Oman
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Hydrogen to become a new engine for Oman’s growth

Paris: The International Energy Agency (IEA) published a report that focuses on the importance of industrial innovation for the Sultanate of Oman and provides opportunities to enhance its competitiveness in exports and redefine its economic framework. The report stated that the Sultanate of Oman must seize the opportunity and benefit from its strengths in the field of energy and minerals to become a leader in industrial innovation by exploiting exploratory opportunities in mining and technology manufacturing, including hydrogen as an upper sector, in addition to industrial projects in clean products as a lower sector. The report indicated that these measures that will advance the new economy in the Sultanate of Oman must be integrated into a strong road map for industrial innovation by adopting international best practices with promising opportunities and its unique ambitions, and this map can push Oman to the forefront of global sustainable energy. The report suggested that the road map include topics that focus on technological development in the hydrocarbons, new energies and hydrogen sectors so that the Sultanate of Oman can develop a diverse portfolio of both hydrocarbons and carbon emissions, while at the same time moving towards developing new energies, which requires technologies such