Public-Private Partnership Explores E-Methanol Supply and Bunkering Hub in Oman
Oman has signed a strategic memorandum of understanding (MoU) with a private consortium to develop a low-carbon e-methanol project in the Dhofar region. This public-private partnership involves the Ministry of Transport, Communications and Information Technology of the Sultanate of Oman and a consortium consisting of HIF, Acciona Nordex Green Hydrogen (ANGH), and Al Meera Investments.
The collaboration, announced on November 5, aims to establish a large-scale integrated e-methanol supply and bunkering hub to support the decarbonization of shipping.
Objectives and Strategic Importance
- Explore and advance the development of e-methanol production.
- Leverage Oman's renewable energy resources and coastal infrastructure.
- Support Oman Vision 2040 and the Sultanate's Logistics Strategy (SOLS 2050).
- Contribute to Oman’s national decarbonization goals.
- Position Oman as a leading green maritime and bunkering hub in the Middle East.
Scope of the MoU
Under the agreement, the parties will jointly evaluate the technical, regulatory, and commercial frameworks necessary to establish a large-scale e-methanol facility, utilizing Oman’s strategic coastal locations and renewable energy potential.
“This partnership aims to explore the development of a large-scale integrated e-methanol supply and bunkering hub supporting shipping decarbonization.”
The initiative reflects a significant step toward greener maritime fuel solutions in the region.
Author's Summary
The MoU marks a key collaboration to develop Oman’s e-methanol production, supporting its green maritime ambitions and regional decarbonization targets.