Meranti Green Steel Oman announced that it has signed a Memorandum of Understanding with Amnah Energy for the supply of green hydrogen to its green HBI project in Oman. Amnah Energy — a consortium comprising CIP’s Energy Transition Fund, Blue Power Partners and Al Khadra — aims to supply green hydrogen to Meranti’s planned 2.5 Mtpa HBI facility in Duqm.
The partnership aligns with Oman’s ambition to scale up green hydrogen production and aims to strengthen the country’s emerging hydrogen ecosystem. Developing hydrogen supply in parallel with industrial demand supports Meranti’s strategy to deliver cost-competitive, low-carbon HBI to global markets.
Under the MoU, the parties will collaborate on a hydrogen supply model tailored to Meranti’s needs. Hydrogen is expected to be sourced from Amnah’s wind, solar and electrolyzer facilities, with the process coordinated closely with Hydrom, OQGN and other relevant Omani authorities.
Andrew Fang from Meranti emphasized that the partnership represents a critical step toward low-carbon HBI production, while CIP Energy Transition Fund Director Emily Sykes highlighted that the collaboration will help establish an integrated value chain linking renewable energy with industrial decarbonization and support Oman’s emergence as a regional hub for sustainable industry.
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