Asyad Joins Forces with the Ministry of Transport, Communications, and Information Technology, OQ, Oman Oil Marketing Company, and Air Liquide Group to Pave the Way for Green Hydrogen Fueling Station in Duqm
Asyad Group signed an agreement with the Ministry of Transport, Communications, and Information Technology, OQ, Oman Oil Marketing Company, and Air Liquide Group to conduct a joint pilot study project on green hydrogen fueling station that is planned to be established in Duqm Special Economic Zone. This initiative will leverage the abundance of solar and wind energy resources in the region, in addition to its strategic location and proximity to targeted markets.
The concept study encompasses the generation of renewable energy from solar and wind energy, green hydrogen production, the establishment of a hydrogen fueling station, and the operation of green hydrogen-fueled vehicles, including trucks and buses, all within the confines the Duqm Special Economic Zone. The study goes in line with Oman’s aspirations in utilizing green hydrogen fuel within the transportation sector, a pivotal step towards achieving zero carbon neutrality.
Ahmed Bulushi, Chief Executive Asset Management of ASYAD Group, said: “The study comes within ASYAD Group initiatives in environment stewardship, and the efforts to reduce emissions in various operational processes, and in alignment with the Sultanate of Oman’s plan to achieve net-zero emissions by 2050. The initiative also focuses on developing land transportation assets by providing buses and trucks that operate on biofuel, which is very crucial in facilitating exploring the creation of a clean environment using pure and sustainable fuel.”
Al Balushi emphasized that the joint study reaffirms ASYAD Group’s commitment to sustainability plans and supports green hydrogen projects within the Duqm Special Economic Zone, a key focus area encompassing ASYAD Drydock, ASYAD Terminals Duqm and the Port of Duqm.
Other news
ASYAD DRYDOCK DEMONSTRATES GLOBAL MARITIME EXPERTISE AND ONE-STOP INTEGRATED SOLUTIONS CAPABILITIES AT POSIDONIA INTERNATIONAL SHIPPING EXHIBITION
Asyad Drydock, a member of the Asyad Group, recently participated at the Posidonia International Shipping Exhibition, one of the world’s largest shipping events, which attracts thousands of exhibitors and visitors from near and far to the Greek capital city of Athens. During the 5-day event, Asyad Drydock showcased its world-class facilities and competitive solutions, as well as the company’s innovative one-stop approach, which comprises of ship building, maintenance, and conversion facilities for engineering, electrical, propulsion, fitting, blasting, and painting services, as well as procurement, testing, trials, and class surveys for all types of vessels.
Read moreAsyad Group Continues Rapid Expansion Across Asia with its Singapore Office
Asyad Group, Oman’s global integrated logistics provider, opened its office in Singapore, one of the key trade hubs in the thriving Asian market, increasing the group’s global presence and continuing its eastward expansion.
Read moreMinistry of Commerce, Industry, and Investment Promotion and ASYAD Group Showcase Oman's Investment Potential at AIM Congress 2024
The Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) partnered with Asyad Group, Oman's global integrated logistics provider, to showcase Oman as a premier investment destination at the 13th edition of the AIM Congress, held on Tuesday, May 7, 2024, in Abu Dhabi. Under the theme ‘Adapting to A Shifting Investment Landscape: Harnessing New Potentials for Global Economic Development, the organizations effectively highlighted Oman's unique value to the global investment community.
Read more