Public-private partnership exploring e-methanol supply and bunkering hub in Oman

Oman has entered into a strategic memorandum of understanding (MoU) with a private consortium to explore and advance the development of a low-carbon e-methanol project in the Dhofar region.

The public-private partnership between the Ministry of Transport, Communications and Information Technology of the Sultanate of Oman and the consortium comprising HIF, Acciona Nordex Green Hydrogen (ANGH), and Al Meera Investments announced the plan on November 5.

This partnership aims to explore the development of a large-scale integrated e-methanol supply and bunkering hub supporting shipping decarbonization.

The strategic collaboration also aligns with Oman Vision 2040 and the Sultanate’s Logistics Strategy (SOLS 2050), supporting Oman’s national decarbonization targets and positioning Oman as a pre-eminent green maritime and bunkering hub in the Middle East. 

Under the MoU, the parties will jointly assess the technical, regulatory, and commercial framework required to establish a large-scale e-methanol facility leveraging Oman’s renewable energy resources and strategic coastal infrastructure.

Specifically, the consortium will lead feasibility and techno-economic studies, exploring the bunkering and the export for e-methanol produced in the Dhofar region, based on the integration of wind and solar energy for green hydrogen production, CO2 capture and supply from industrial or biogenic sources, and downstream conversion to e-methanol.