Bernard Looney, BP´s CEO, said:
- Today’s agreement represents what bp is able to offer as an integrated energy company
- These projects will build on our gas business and bring wind, solar and green hydrogen together in a distinctive and integrated way supporting Oman’s low carbon energy goals
Mohammed Al Rumhy, Minister of Energy & Minerals of Oman, said:
- This is a proud moment for Oman and a significant step towards delivering our 2040 Vision
- In partnership with bp, we will progress the development of new, world-class solar and wind resources – generating renewable power for the grid and powering the manufacture of green hydrogen to supply domestic demand and to export to global customers
In 2021, Oman unveiled plans for a 25GW solar & wind development to produce 1.8 millions of tons per annum of green hydrogen and up to 10 million tpa of green ammonia.
This announcement, which is subject to the final agreement of commercial terms, is an important step towards the country’s 2040 Vision and an opportunity to become a leading low-carbon energy hub.