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Tuesday, 10 October 2023

Oman and Hungary agree to collaborate on low carbon and clean hydrogen

Oman, Hungary signs pact on renewable hydrogen: Oman’s Foreign Minister Sayyid Badr Albusaidi and Hungarian Foreign Minister Peter Szijjarto signed an MoU to cooperate in the fields of low-carbon and clean hydrogen, Oman News Agency reports. No further details were disclosed, but both ministers discussed bolstering cooperation between the two countries in renewable energy and the production of green hydrogen.

REMEMBER- The sultanate is hitting the gas pedal on renewables + green hydrogen: Oman is courting request for qualifications for five new wind energy projects, three solar PV projects, and a waste-to-energy project by the end of the year and plans to become the sixth-largest exporter of hydrogen globally. Oman’s state-owned green hydrogen company Hydrom signed six binding term sheet agreements worth a combined USD 20 bn for the production of green hydrogen last March.

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