Sohar net zero alliance to accelerate Oman's carbon neutrality efforts launched

Business Tuesday 07/November/2023 14:58 PM
By: Times News Service
Sohar net zero alliance to accelerate Oman's carbon neutrality efforts launched

Muscat: The formation of the Sohar Net Zero Alliance (SNZA) is a significant step toward accelerating Oman's transition to carbon neutrality by 2050. This collaborative effort between Sohar Port and Freezone and various industrial tenants demonstrates a strong commitment to sustainability and environmental responsibility.

The alliance aims to achieve the goals of the Government of Oman's '2050 Net Zero Commitment' by focusing on key areas such as securing alternative energy sources, green power, green hydrogen, and establishing a third-party Carbon Capture, Utilization and Storage (CCUS) facility and services at the Sohar Port and Freezone.

By bringing together major stakeholders such as OQ, Vale Oman Pelletizing Company, Sohar Aluminium Company, Jindal Shadeed Iron & Steel, Al Tamman Indsil Ferrochrome (FZC), Shinas Generating Company, Sohar International Urea & Chemical Industries, Al Batinah Power, and Air Liquide Sohar Industrial Gases, the alliance aims to promote partnership, transparency, commitment, and inclusiveness. These principles will guide their collaborative efforts and ensure a unified approach to achieving carbon neutrality.

Emile Hoogsteden, CEO of Sohar Port, expressed the significance of this alliance, "Sohar Net Zero Alliance signifies our steadfast commitment to spearheading Oman's journey toward carbon neutrality. Together, we are setting a bold course towards a sustainable and carbon-free future, leaving no stone unturned.”

The alliance will also promote the exchange of knowledge and expertise to ensure a unified voice in discussions with the government. Together, they will implement a shared plan to advance the transition to a sustainable and carbon-neutral future.