PROJECTS: Oman's OQ plans mega green fuel project

Omani energy company OQ announced on Tuesday that it will develop one of the largest green fuel projects in the world with a maximum capacity of 25 gigawatts (GW)

 

The company, formed by the merger of erstwhile Oman Oil and Orpic Group, tweeted that the project would be developed in a consortium with InterContinental Energy and EnerTech, and transform Oman’s renewable energy capacity producing millions of tonnes per annum of zero-carbon green fuels.

 

In November 2020, a Zawya Projects had reported that OQ is planning for projects totalling $15.6 billion in downstream, exploration and production, and gas transmission, according to its first sustainability report.

 

(Writing by SA Kader; Editing by Anoop Menon)