Shell Oman Owns 3% Share In Green Energy Oman

The hydrogen will be made from 25 gigawatts of wind and solar power.

Oman Shell and the Ministry of Energy and Minerals also signed an agreement to explore potential opportunities for liquefied synthetic gas production in the Sultanate of Oman.

According to Walid Hadi, Senior Vice President, Country Chair, Shell Oman’s LinkedIn post, LSG is produced when renewable hydrogen is combined with captured carbon dioxide to produce natural gas, which is then liquefied. This low-carbon gas can be directly introduced to existing gas networks and infrastructure, including LNG plants such as Oman LNG, all the way to the point of use.

In another agreement, Shell Oman has taken a 35 percent stake in Green Energy Oman (GEO), the consortium that is developing the country’s largest renewable green hydrogen project in Al Wusta and Dhofar governorates, Oman. The hydrogen will be produced from up to 25 gigawatts of solar and wind energy, according to the report.

The report further adds that other members of this consortium include OQ (through its subsidiary Oman Energy Development), InterContinental Energy, EnerTech Holding Company, KSCC, and Golden Wellspring Wealth for Trading. Worley is providing concept feasibility study services for the project.

The third agreement pertains to a long-term LNG offtake agreement. Shell Oman has signed a term sheet with Oman LNG for the purchase of 0.8 million metric tonnes per year of liquefied natural gas (LNG) for a period of 10 years, starting in 2025.

The report concludes that Green Energy Oman (GEO) is one of the most promising clean fuel hubs in the world, with the potential to be a leading project in this sector, supplying the globe with green fuels in a decarbonized economy.

 By Sumita Pawar