- Royal Decree Designating Lands For Renewable Energy And Green Hydrogen Projects.
-
In a pivotal step to regulate the green hydrogen industry in Oman and to facilitate development of clean energy and green hydrogen projects, a sector specific legislation has been enacted in the form of Royal Decree No. 10/2023 which legislates for the grant of rights over lands for clean energy and green hydrogen. The Royal Decree has designated specific areas of land whereupon renewable and green hydrogen projects may be developed pursuant to the grant of usufruct rights. The authority to grant usufruct rights over designated lands for development of clean energy and green hydrogen projects has been vested in Hydrom (Hydrogen Oman LLC) pursuant to a competitive auction process. Further, the Minister of the Ministry of Energy and the Minerals (“MEM”) is empowered to approve any contracts signed, prior to issuance of Royal Decree 10/2023, with respect to which no bidding process has been followed, within 30 days from the date of this Royal Decree.
Author details
Mansoor Jamal Malik
Managing Partner
Al Busaidy, Mansoor Jamal & Co
Tel: +968 24829200
Email:mansoor.malik@amjoman.com