The Amena Energy Consortium has signed a strategic memorandum of understanding with Meranti Green Steel to supply green hydrogen for a major industrial project aimed at producing low-carbon iron in the Special Economic Zone at Duqm, with an annual capacity of 2.5 million tons. This step marks an important milestone in Oman’s journey toward carbon neutrality and represents a practical implementation of plans to channel clean hydrogen into heavy industries, strengthening domestic demand while keeping pace with the expected expansion of renewable energy production by 2030.
The project is underpinned by large-scale infrastructure. The Amena consortium has allocated an area of 320 square kilometers to develop a facility capable of producing approximately 200,000 tons of green hydrogen per year, supported by renewable power plants with a combined capacity of around 4.5 GW, as part of the government’s first auction for integrated hydrogen projects. Meanwhile, Meranti plans to build a hot briquetted iron (HBI) plant in Duqm, leveraging the regulatory framework and national energy infrastructure.
The partnership aims to establish an integrated value chain linking green hydrogen production with industrial use, enabling the supply of competitively priced, low-carbon iron products to global markets. The agreement reflects a shared vision to advance industrial decarbonization, support the energy transition, and create new investment and employment opportunities, reinforcing Oman’s position as a regional hub for sustainable industries.
