OMAN ANNOUNCES NEW FISCAL INCENTIVES TO ENSURE DELIVERY-READINESS OF GREEN HYDROGEN PROJECTS UNDER THIRD AUCTION ROUND

H2-View News: Hydrom offers tax breaks and fee cuts for hydrogen projects in third auction

To speed up final investment decisions (FID), Hydrom will offer a 90% reduction in land lease fees during the development stage, with the discount potentially extended or increased during the engineering phase. Additionally, Hydrom will offer significant base royalty reductions in the early years of production and corporate tax exemptions for up to 10 years. Under its third auction round, Hydrom is offering a 300km land block in Duqm and invitin…

OMAN ANNOUNCES NEW FISCAL INCENTIVES TO ENSURE DELIVERY-READINESS OF GREEN HYDROGEN PROJECTS UNDER THIRD AUCTION ROUND - Hydrogen Central

OMAN ANNOUNCES NEW FISCAL INCENTIVES TO ENSURE DELIVERY-READINESS OF GREEN HYDROGEN PROJECTS UNDER THIRD AUCTION ROUND MUSCAT, Oman, Aug. 13, 2025 /PRNewswire/ — The Sultanate of Oman, represented by Hydrom, the orchestrator of its national Green Hydrogen Strategy, has announced new fiscal incentives designed to enhance the commercial viability of projects that will be awarded through the ongoing third green hydrogen auction round. The measures …

Hydrom Unveils Fiscal Incentives for Duqm Green Hydrogen

Oman's Hydrom introduces land lease fee cuts, royalty relief, and tax exemptions to boost project returns for Round 3 green hydrogen auction in Duqm.

Hydrom Launches New fiscal Incentives to Boost Green hydrogen Projects

Hydrom, the orchestrator of Oman’s national Green Hydrogen Strategy, has announced new fiscal incentives designed to enhance the commercial viability of projects that will be awarded through the ongoing third green hydrogen auction round. The measures represent a targeted response to a market sounding exercise conducted by Hydrom earlier this year and evolving global market dynamics, reaffirming the country’s position as one of the world’s most …