The Sultanate of Oman and the Grand Duchy of Luxembourg held a bilateral talk to explore investment opportunities in the green hydrogen sector.
The meeting was chaired by H.E. Engineer Salim bin Nasser Al Aufi, Minister of Energy and Minerals, and H.E. Claude Turmes, Minister of Energy and Spatial Planning, respectively. The discussion focused on identifying areas of cooperation to attract foreign capital to invest in the sector, and for Luxembourg to support Oman’s efforts to attract foreign investment.
Green hydrogen is produced through electrolysis powered by renewable energy and has been recognized as a key element of a sustainable and low-carbon future. Oman, with its abundant solar and wind resources, has the potential to become a significant player in the green hydrogen market.
Attending the talks were Sheikh Dr. Abdullah bin Salim Al Harthy, Ambassador of the Sultanate of Oman to Luxembourg, and a delegation accompanying the Minister of Energy and Minerals. Several officials from the Ministry of Energy and Spatial Planning and the private sector were present on the Luxembourg side.
This session of bilateral talks between Oman and Luxembourg highlights the growing interest in green hydrogen and its potential to drive the transition to a sustainable energy future. Cooperation between the two countries could open up further investment opportunities in the sector, resulting in job creation and economic growth.