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Nitrogen+Syngas 399 Jan-Feb 2026

26 January 2026

Consortium formed to look at low carbon methanol project

OMAN

Consortium formed to look at low carbon methanol project

Oman’s Ministry of Transport, Communications and Information Technology has signed a memorandum of understanding with a consortium comprising HIF EMEA GmbH, Acciona Nordex Green Hydrogen and Al Meera Investments to jointly explore the development of a low carbon methanol supply and bunkering hub at Dhofar in Oman. This strategic collaboration aligns with Oman’s Vision 2040 strategy, supporting national decarbonisation 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 green methanol facility leveraging Oman’s abundant renewable energy resources and strategic coastal infrastructure. Studies will cover bunkering and the export of green methanol produced in 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 methanol. The Ministry will facilitate engagement with Omani authorities and stakeholders to enable regulatory frameworks, land allocation, and exploring incentives for the project.

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