PRESSR: Launch of Sohar Net Zero Emissions Alliance to accelerate carbon neutrality goals in the Sultanate of Oman in line with ENGIE’s decarbonisation initiatives
Sohar Port and Free Zone, in cooperation with its major industrial tenants, launched the Sohar Net Zero Emissions Alliance to advance the Sultanate of Oman’s ambition to achieve carbon neutrality by 2050. This alliance is strategically aligned with Engie’s commitment to decarbonizing and providing sustainable energy solutions globally, in addition to the project Green hydrogen designed to provide renewable energy resources in the Sultanate of Oman and accelerate the energy transition in the Sultanate.
The primary goal of the Sohar Alliance is to consolidate “the Sultanate of Oman’s commitment to achieving net zero emissions by 2050” by strategically focusing on the use of renewable energy sources, developing green energy projects, launching green hydrogen initiatives, and building advanced carbon capture and storage systems within the Sohar Port buildings.
The alliance includes several companies, including OQ, Vale Oman Iron Ore Pelletizing Company, Sohar Aluminum Company, Jindal Shadeed Iron and Steel Company, Altman Indsil Ferrio Chrome Company, Shinas Electricity Generation Company, Sohar International Urea and Chemical Industries Company, Al Batinah Energy Company, and Air Liquide Company. Sohar Industrial Gases. The alliance will provide a shared commitment to enhancing partnership, transparency, commitment and inclusion, in line with ENGIE's vision to enhance collaborative sustainability efforts and achieve carbon neutrality on a global scale.
It is noteworthy that the signing ceremony of the alliance was held on November 5, 2023, and represented the official launch of a new chapter within Oman’s journey and its commitment to sustainable industrial practices.
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About ENGIE Group
ENGIE is a global reference in providing low-carbon energy solutions and services. Our more than 96,000 employees, along with our customers, partners and other stakeholders, are keen to accelerate the pace of transition towards a carbon-free world, by reducing energy consumption and providing environmentally friendly solutions. Inspired by our purpose (“raison d'etre”), we align economic performance with positive impact on people and planet, and build on our core activities in the areas of renewable energy, gas and services to provide our customers with best-in-class turnkey solutions as part of our services.
The company's net sales for 2022 amounted to 93.9 billion euros, and it is worth noting that the group is listed on the Paris and Brussels stock exchanges under the symbol (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, and MSCI Europe) and non-financial indices (DJSI World and Euronext). Vigeo Eiris Europe 120 / France 20, MSCI EMU ESG, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X and Stoxx Global 1800 ESG).
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