Hydrogen Oman (Hydrom), Oman’s state-owned hydrogen initiative, has signed an agreement with VNG AG, a German gas importer, to explore long-term offtake agreements for green hydrogen and ammonia.
Germany, a frontrunner in the green energy revolution, is facing a pressing need to secure a reliable supply of hydrogen to meet its ambitious targets. With domestic production capacity falling short of demand projections, Germany is increasingly turning to international partners like Oman to bridge the gap. According to Ulf Heitmüller, CEO of VNG AG, Germany is projected to import between 50% to 70% of its hydrogen requirements by 2030, highlighting the critical role of collaborations with overseas suppliers.
Meanwhile, Oman is doubling down on its investments in green hydrogen production and infrastructure, signaling its determination to emerge as a key player in the global hydrogen market. The country plans to invest between USD 40 to 60 billion by 2030, a substantial increase from previous estimates. These investments will encompass the development of essential infrastructure such as hydrogen pipelines, transmission networks, and storage facilities, in line with stringent international standards on renewable hydrogen imports.
Hydrom, in collaboration with prominent local entities, is spearheading several groundbreaking initiatives to advance Oman’s green hydrogen agenda. The establishment of a hydrogen infrastructure company, in partnership with OQ Gas Networks, Nama Water Services, and the Oman Electricity Transmission Company, marks a significant milestone in Oman’s journey towards hydrogen self-sufficiency. Additionally, Hydrom’s partnerships with Asyad Group and Siemens Energy underscore its commitment to driving innovation and technological advancements in the Sultanate.
