To achieve this production target, Oman has earmarked two blocks in Duqm, on the east coast of Oman, and four more blocks in Salalah, each 320 km² in area, are to be announced for development. The Duqm block will be floated on 6 November with the expectation of award in March 2023, while the Salalah block will be sold in April 2023 with the aim of announcing the award before the end of the year. Oman aims to increase green hydrogen production from 32,500 to 3.75 million tonnes per year by 2040 and from 3.5 to 8.5 million tonnes per year by 2050. The country estimates that it will need a cumulative investment of $140 billion over this period to reach its production target by 2050.
In total, the Sultanate has selected three regions in central and southern Oman for green hydrogen production: Duqm, Dhofar and Al-Jazir. The hydrogen produced will satisfy domestic demand and will be…