Oman’s strategic green hydrogen project HYPORT Duqm has revealed the signing of a new cooperation agreement with Uniper today (July 19) to negotiate the offtake agreement of green ammonia.
With this, HYPORT Duqm’s shareholders, DEME Concessions and OQ Alternative Energy, have onboarded a global group that will support the project in demonstrating a strong business case for the offtake enabling the shareholders to secure optimal financing for the project.
The first phase of the HYPORT Duqm project will see the development of a 250 to 500MW green hydrogen facility in the Special Economic Zone at Duqm, Oman.
The facility is expected to come into operation in 2026 and will respond to the global demand for green hydrogen and its derivatives.
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