If the collaboration advances past the Memorandum of Understanding, H2Global intermediary Hintco will potentially contract Omani hydrogen producers under long-term purchase agreements, providing revenue certainty for large-scale projects.

Produced hydrogen or derivative fuels, such as ammonia, would be sold under shorter-term contracts to buyers in Europe or Asia, with the price gap bridged through public or climate finance.

Oman’s approach to hydrogen will be built on clear structures, long-term vision, and credible delivery, according to Abdulaziz Al Shidhani, Hydrom’s Managing Director.

“Exploring models like H2Global allows us to test and refine our own systems, ensuring that as global mechanisms evolve, they remain interoperable with what we are building,” Al Shidhani added.

Described as Oman’s hydrogen “orchestrator,” Hydrom is leading efforts to meet the Sultanate’s goal of producing one million tonnes of green hydrogen by 2030 through coordinated project development and infrastructure planning, positioning the country as a key future exporter to Europe.

The Omani model could mirror the Germany–Australia joint auction based on H2Global’s mechanism, which has already secured €400m ($464.6m) in funding and entered public consultation.