Amnah Energy, a consortium led by Copenhagen Infrastructure Partners, has signed a memorandum of understanding with Singapore-based Meranti to supply green hydrogen for a proposed green iron direct reduced iron (DRI) plant in Oman. The agreement links large-scale renewable hydrogen production with downstream industrial decarbonisation, strengthening Oman’s ambitions to become a global hub for green energy and low-carbon manufacturing.
Under the MoU, Amnah Energy will provide green hydrogen generated from its planned gigawatt-scale renewable hydrogen project, which is being developed to serve both domestic and international industrial demand. The hydrogen will be used by Meranti to produce green iron, a key input for low-emissions steelmaking, at a future DRI facility expected to be located in the Duqm industrial zone.
Meranti has indicated that it plans to take a final investment decision on the green iron plant within the next year. If approved, the project would represent one of the region’s early integrations of green hydrogen into heavy industry, supporting Oman’s decarbonisation goals while creating a new export-oriented value chain.
The agreement highlights growing momentum around Oman’s green hydrogen ecosystem, where renewable energy availability, industrial infrastructure, and strategic port access are attracting international partners seeking to decarbonise hard-to-abate sectors such as steelmaking.
