OQ signs agreements for green fuel supply in Oman

OQ signs agreements for green fuel supply in Oman

The Alternative Energy (AE) business unit of OQ, a global integrated energy company, has signed agreements on conducting a feasibility study for the provision and supply of green fuel in Oman.

The memoranda of cooperation (MoC) were signed with Asyad Group, A.P. Moller-Maersk and Sumitomo Corporation Middle East, reported Oman News Agency (ONA).

The MoC, signed on the sidelines of the Oman Green Hydrogen Summit 2022, provides that the joint parties discuss the commercial and technical feasibility of providing and supplying green ammonia and green methanol in the ports of Duqm and Salalah for use in operating ports, as well as chances for exporting the products abroad in the future.

Essam bin Nasser Al Sheibani, Group VP Sustainability, Asyad, said that the MoC consists of two phases. The first phase relates to the feasibility study on exploiting the existing infrastructure in ports with green zone projects.

The second phase deals with choosing which type of fuel is currently commercial, notably since world vessels use fossil fuels and there is strong competition between some ports to produce this type of fuel, he added.

Al Sheibani told ONA that the study will place Oman on the green fuel map. He pointed out that the selection of the