Fluxys, OQGN to Develop Hydrogen Pipeline Network in Oman

(P&GJ) — OQ Gas Networks (OQGN), Oman’s state-owned natural gas transmission operator, has signed a cooperation agreement with Belgian energy infrastructure group Fluxys to jointly develop a hydrogen transportation network in Oman.

Under the agreement, signed May 19, Fluxys would become a minority shareholder in the hydrogen network, with OQGN retaining a majority stake. The deal builds on a memorandum of understanding signed by the two companies in 2023 and follows Fluxys’ acquisition of a 4.9% stake in OQGN during its IPO last year.

The new infrastructure will support Oman’s green hydrogen ambitions under Vision 2040, aimed at building a low-carbon energy economy. The companies said they would leverage their combined experience to develop cost-effective and scalable hydrogen transport solutions.

“We are very excited to work with Fluxys in jointly developing the hydrogen transportation network in Oman, and supporting Oman’s green hydrogen and decarbonization initiatives,” said Eng. Mansoor bin Ali Al Abdali, CEO of OQGN. “This cooperation is a clear signal of our commitment… in leading the development and deployment of green hydrogen infrastructure to support Oman’s energy transition goals.”

Pascal De Buck, Managing Director and CEO of Fluxys, added: “This collaboration is a pivotal step in our strategy to accelerating the energy transition and creating new value chains. By harnessing our combined expertise, we aim to bring renewable hydrogen to Belgium and Europe, while also significantly contributing to Oman’s sustainable energy goals.”

The agreement was signed in Muscat at a ceremony attended by Oman’s Minister of Energy and Minerals, H.E. Salim bin Nasser Al Aufi.

Related News

Comments

Search