Oman signs agreement with Uniper to explore green ammonia offtake
Oman’s strategic green hydrogen project HYPORT® Duqm has signed a cooperation agreement with energy giant Uniper. Under the cooperation, Uniper will be joining the project team to provide engineering services and negotiate an exclusive offtake agreement of green ammonia.
With Uniper, HYPORT® Duqm’s shareholders DEME Concessions and OQ Alternative Energy have onboarded a globally recognised and reputable partner, which will support HYPORT® Duqm in demonstrating a strong business case for the offtake, and in turn, enable them to secure optimal financing for the project.
This agreement marks another important milestone for HYPORT® Duqm, after having secured its 150 km² renewable generation site in the Special Economic Zone at Duqm, Oman earlier this year. The site is being prepared for the deployment of a series of meteorological masts to confirm Duqm’s excellent solar and wind conditions which are available throughout the year and that form the basis of a successful green hydrogen to green ammonia project.
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