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Saudi Arabia needs a strategy for the hydrogen sector

Location:

SAUDI ARABIA

It intends to produce up to 11 million tonnes of ‘blue ammonia’ annually by 2030, using 'blue' hydrogen made from natural gas but with mitigated carbon impacts. The target lacks…

Oman’s green hydrogen sector will grow over the decade

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OMAN

Oman has a long pipeline of green hydrogen projects and the clearest strategy in the Gulf for the industry’s development. It aims to have 30 gigawatts of electrolyser capacity by…

United Arab Emirates’ green transition will intensify

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UNITED ARAB EMIRATES

Earlier in July, the United Arab Emirates (UAE) government unveiled ambitious new targets for clean power and low-carbon hydrogen production. The main emirates are accelerating…

The Gulf will take on the energy transition challenge

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GULF STATES

The zero-carbon fuel, promoted as a way to assist a global energy transition away from oil and gas, is the focus of major planned projects in Oman and Saudi Arabia. Meanwhile…

Oman will prioritise hydrogen production

Location:

OMAN

OMAN: Government will prioritise hydrogen production

Prospects for MENA green energy transition to 2030

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PROSPECTS 2030

High oil and gas prices have incentivised Middle Eastern and North African (MENA) hydrocarbon importers to accelerate their renewables build-outs, while exporters have deployed…

Oman’s reliance on foreign investments will grow

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OMAN

OMAN: Reliance on foreign investments will grow

Oman's gas sector will be prioritised over oil

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OMAN

Foreign investment in the last decade has helped to raise gas output and stabilise oil production, but the prospects for major new oil discoveries are slim. As its foreign markets…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Qatar’s diversification plans will lag regional rivals

Location:

QATAR

PMI data indicate that the non-oil private sector continues to expand in 2023 as the government attempts to diversify its economic base away from gas dependency. Regulatory reform…