Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) has signed a land development (usufruct) agreement with Green Hydrogen and Chemicals Company (GHC) to develop Phase One of the green hydrogen and ammonia project in the Special Economic Zone at Duqm (SEZAD).
The agreement was signed by Dr Ali Masoud Al Sunaidy, Chairman of OPAZ, and Manoj Upadhyay, Chairman and Founder, ACME Group. GHC is a joint venture between the UK entity of ACME Company and Norway-based Scatec ASA, said an Oman News Agency report.
As per the agreement, GHC will begin developing the first phase of the project over 12 sq km of land to produce 100,000 metric tonnes of green ammonia per annum in the Special Economic Zone at Duqm. Once fully developed, the project is expected to produce up to 1.2 million tonnes of green ammonia annually.