Sunday 22 / December / 2024
Muscat: Oman’s strategic green hydrogen project Hyport Duqm has signed a cooperation agreement with energy giant Uniper. Under the cooperation, Uniper will be joining the project team to provide engineering services and negotiate an exclusive offtake agreement of green ammonia.
With Uniper, Hyport Duqm’s shareholders DEME Concessions and OQ Alternative Energy have onboarded a globally recognised and reputable partner, which will support Hyport Duqm in demonstrating a strong business case for the offtake, and in turn, enable them to secure optimal financing for the project.
This agreement marks another important milestone for Hyport Duqm, after having secured its 150km² renewable generation site in the Special Economic Zone at Duqm, Oman earlier this year. The site is being prepared for the deployment of a series of meteorological masts to confirm Duqm’s excellent solar and wind conditions which are available throughout the year and that form the basis of a successful green hydrogen to green ammonia project.
In the first phase the Hyport Duqm project will develop a 250 to 500MW green hydrogen facility in the Special Economic Zone at Duqm.
The facility is planned to come into operation in 2026 and will respond to the global demand for green hydrogen and its derivatives.
Hyport Duqm Phase 1 will establish a complete power-to-product value chain at utility scale, combining first-of-a-kind technology integration with economies of scale, producing competitive green hydrogen and green ammonia.
Future expansions are foreseen in subsequent phases, whereby a further scaling up of the value chain will transform the Special Economic Zone into a Green Hydrogen hub in Oman and the wider region. Hyport Duqm showcases the development of a complete green hydrogen value chain, from the installation of up to 1.3 GWp of renewable power generation capacity from solar and wind (Phase 1), via the electrolysis-based hydrogen production to the synthesis of green ammonia.
Hyport Duqm will connect to Port of Duqm’s brand-new export terminal, storage infrastructure and liquid jetties and will use Port of Duqm as its gateway to deliver competitive decarbonised molecules to users worldwide.
