Fluxys and OQGN sign cooperation agreement to jointly develop the hydrogen transportation network in Oman
Brussels/Muscat, 19 May 2025 – OQ Gas Networks SAOG (OQGN), the exclusive owner and operator of Oman’s natural gas transmission network, announced the signing of a Term Sheet Cooperation Agreement with Fluxys, the Belgian based global energy infrastructure group, to jointly develop the hydrogen transportation infrastructure in the Sultanate of Oman, where Fluxys intends to own and operate the hydrogen network as a minority shareholder, alongside OQGN.
OQGN and Fluxys share similar vision in leading energy transition activities, and with complementary infrastructure and aspirations, they are well positioned to enable rapid and efficient development of hydrogen infrastructure to cater to Oman’s need in line with Oman’s vision 2040 and hydrogen production targets.
This Cooperation Agreement solidifies the partnership between Fluxys and OQGN following the signing in September 2023 of a Memorandum of Understanding (MOU) between the two organisations to strategically collaborate in the hydrogen and CO₂ network developments in Oman, as well as Fluxys’ acquisition of a 4.9% stake in OQGN as an anchor investor as part of the Initial Public Offering (IPO) of OQGN.
The partnership highlights OQGN’s commitment in enabling the timely development of decarbonization infrastructure in Oman, as well as Fluxys’ strategy in investing in new low-carbon energy value chains with high renewable potential countries and connecting them to Belgium and Europe. This partnership also reflects their intention to exchange knowledge derived from their experiences and prior learnings.
The agreement was signed by Eng. Mansoor bin Ali Al Abdali, CEO of OQGN, and Mr. Pascal De Buck, Managing Director and CEO of Fluxys, at a ceremony held at the Mandarin Oriental Hotel, Muscat. The event was held under the patronage of H.E. Salim bin Nasser Al Aufi, Minister of Energy and Minerals.
Commenting on the agreement, Eng. Mansoor bin Ali Al Abdali stated: “We are very excited to work with Fluxys in jointly developing the hydrogen transportation network in Oman, and supporting Oman’s green hydrogen and decarbonisation initiatives. This cooperation is a clear signal of our commitment as the national energy infrastructure company in leading the development and deployment of green hydrogen infrastructure to support Oman’s energy transition goals and aspirations. Together with Fluxys, we will leverage our considerable joint experience and capabilities meeting Oman’s requirements for hydrogen transport infrastructure and realising the national agenda in a cost-effective manner.”
Mr. Pascal De Buck added: “We are delighted to partner with OQGN in developing a new hydrogen transportation network in Oman. As a shareholder of OQGN, this collaboration is a pivotal step in our strategy to accelerating the energy transition and creating new value chains. By harnessing our combined expertise, we aim to bring renewable hydrogen to Belgium and Europe, while also significantly contributing to Oman’s sustainable energy goals. Together, we are committed to creating a brighter, greener energy future.”
About OQGN
OQGN holds a natural monopoly over critical gas transportation infrastructure in Oman as the exclusive owner and operator of the Natural gas transmission network (NGTN). OQGN aims to champion the management and development of the NGTN through innovative and sustainable solutions. The Company prioritises maintaining high standards of operation and maintenance, which is reflected in the OQGN’s operational track-record, having delivered 99.99% gas availability over the last 10 years and recorded no gas supply interruptions in 2024. OQGN’s health, safety and environment record is also testament to its commitment to applicable occupational health and safety standards. OQGN actively considers the interests of society at large and the economic development of Oman in the course of its operations and strives to maximise its engagement in and contribution to the Omani communities and supporting the Government’s efforts towards environmental sustainability.
For more information about OQGN, please visit: https://oqgn.om/
About Fluxys
Headquartered in Belgium, Fluxys is a fully independent infrastructure group with more than 1,300 employees active in gas transmission & storage and liquefied natural gas terminalling. Through its associated companies across the world, Fluxys operates 28,000 kilometres of pipeline and liquefied natural gas terminals totalling a yearly regasification capacity of 485 TWh. Among Fluxys’ subsidiaries is Euronext listed Fluxys Belgium, owner and operator of the infrastructure for gas transmission & storage and liquefied natural gas terminalling in Belgium.
As a purpose-led company, Fluxys together with its stakeholders contributes to a better society by shaping a bright energy future. Building on the unique assets of its infrastructure and its commercial and technical expertise, Fluxys is committed to transporting hydrogen, biomethane or any other carbon-neutral energy carrier as well as CO₂, accommodating the capture, usage and storage of the latter.