Signing land usufruct agreement for first green hydrogen and ammonia project in Duqm
The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed today (22 June, 2022) land usufruct agreement with Green Hydrogen and Chemicals Company (GHC), a joint venture between the UK entity of ACME Company and Norway-based Scatec ASA, to develop phase one of green hydrogen and ammonia project in the Special Economic Zone at Duqm (SEZAD).
The agreement was signed by HE Dr. Ali bin Masoud Al Sunaidy, Chairman of the Public Authority for Special Economic Zones and Free Zones and Manoj Upadhyay, Chairman & Founder, ACME Group. As per the agreement, the Green Hydrogen and Chemicals Company (GHC) will begin developing the first phase of the project over 12 km2 of land to produce 100,000 metric tonnes of green ammonia per annum in the Special Economic Zone at Duqm. Once fully developed, the project is expected to produce up to 1.2 million tonnes of green ammonia annually.