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gradual decline in demand for both oil and gas. As a result, producer economies such as Oman, whose economic development has … opportunities. Oman's assets, infrastructure, and skills were once developed in the service of an omnipresent oil and gas industry … developing clean energy supply chains in Oman, led by solar PV, wind and low-emission hydrogen where significant economic value …
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The production of hydrocarbons has a dominant role in Oman's economy with oil and gas representing around 60% of total … export income in recent years. In 2022, Oman announced a target to become net zero by 2050 and an aim to significantly ramp … of renewable hydrogen and hydrogen-based fuels like ammonia thanks to its high-quality renewable resources. Oman has also …
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"During 2004, oil prices reached levels unprecedented in recent years. Though world oil markets remain adequately supplied, high oil prices do reflect increasingly uncertain conditions. Many IEA member countries and non-member countries alike are looking for ways to improve their capability to...
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