Oman explores setting up a hydrogen fueling network in Duqm: Omani state-owned gas network operator OQ has signed an agreement with Oman’s Transport, Communication, and Information Technology Ministry, Asyad Group, Oman Oil Marketing Company, and Air Liquide Group to conduct a joint study on the feasibility of establishing hydrogen fuelling stations in the country’s Duqm economic zone, the Oman News Agency (ONA) reported on Sunday. The joint study aims to leverage Oman’s proximity to foreign markets and its high solar and wind power potential to create a centralized hub for hydrogen-powered vehicle recharging, ONA says.

On a roll: Earlier this month, BP Oman and Opaz signed an agreement to set up a green hydrogen plant in Duqm, which is planned to have an annual 150k ton production capacity to be powered by 3.3 GW of renewable power. Oman was the first MENA country to outline a hydrogen production strategy, announcing in November plans to earmark USD 140 bn in investments by 2050 to expand generation of the energy source and produce between 1-1.25 mn metric tonnes of green hydrogen by 2030, rising to 3.25-3.75 mn metric tons by 2040, and 7.5-8.5 mn metric tons by 2050.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• KSA + South Korea agree to swap knowledge: KSA’s state-owned Saline Water Conversion Corporation (SWCC) signed two knowledge-transfer agreements with South Korean firms on desalination, green hydrogen, and carbon capture. (Saudi Press Agency)