{"id":3540,"date":"2025-08-17T17:17:00","date_gmt":"2025-08-17T13:17:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/oman-green-iron-project-2026\/"},"modified":"2025-08-17T22:36:23","modified_gmt":"2025-08-17T18:36:23","slug":"oman-green-iron-project-2026","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/oman-green-iron-project-2026\/","title":{"rendered":"Oman&#8217;s New Green Iron Project: What Mid-2026 Final Investment Decision Means for Investors and Entrepreneurs"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitv3sog-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitv3sog-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitv3sog-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitv3sogw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitv3soga{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitv3soga:hover{border-color:#dc262688}\r\n.hitv3sogg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p><\/p>\n<p>MUSCAT: Singapore-based Meranti Green Steel (MGS) is advancing its plans to establish a major green iron project in Oman, targeting a Final Investment Decision (FID) by mid-2026. This milestone will enable the full-scale development of the facility, located within the Special Economic Zone at Duqm (SEZAD).<\/p>\n<p>The project\u2019s first phase features a 2.5 million tonnes per annum (mtpa) Hot Briquetted Iron (HBI) plant. Initially, the plant will operate on a carefully balanced mix of natural gas and green hydrogen, with plans to progressively increase the hydrogen proportion to produce lower-carbon green steel. Meranti confirmed sustained progress on the Duqm venture through several updates this week.<\/p>\n<p>\u201cThe company aims to make a Final Investment Decision by mid-2026, with construction commencing immediately thereafter,\u201d Meranti stated. Commissioning of the facility is scheduled for mid-2029.<\/p>\n<p>Meranti emphasized alignment with Oman\u2019s Energy Transition Plan, focusing on the natural gas and green hydrogen blend. The company plans to use up to 85% green hydrogen over time, which will cut CO\u2082 emissions per ton of steel to below 200kg. Negotiations with potential green hydrogen suppliers are already underway.<\/p>\n<p>In line with its strategy to separate iron production from steelmaking, a portion of the low-carbon HBI produced in Duqm will be shipped to a planned green steel mill in Rayong, Thailand. This 2.5 mtpa steel plant is poised to become Southeast Asia\u2019s first green flat steel facility. The remainder of the HBI output is earmarked for European buyers.<\/p>\n<p>Sebastian Langendorf, CEO of Meranti Green Steel, highlighted that current market conditions support decoupling iron production from steelmaking. \u201cCost-competitive HBI production can be pursued where natural gas and hydrogen are favorable, while electric arc furnace (EAF)-based steelmaking can be positioned closer to end markets,\u201d he explained in an interview with German steel publication MBI Stahl Monitor.<\/p>\n<p>Meranti underlined the strategic importance of its Duqm investment, describing it as central to its integrated green steel value chain. The project will supply sustainable materials to its Thailand steel plant and meet growing demand for HBI in Europe. \u201cThe Oman project will help Meranti achieve its ambition of becoming a leader in green steel.\u201d<\/p>\n<p>Oman is considered an ideal location owing to its competitive energy resources, notably cost-effective natural gas and a rapidly developing green hydrogen ecosystem. The SEZAD offers robust infrastructure, including industrial land, a deep-water port, and streamlined regulatory frameworks that support fast-track development and global distribution.<\/p>\n<p>Additionally, Oman\u2019s position facilitates economical shipping to Meranti\u2019s Thailand steel plant and European offtakers seeking low-emission HBI, helping reduce both logistics costs and emissions. <\/p>\n<p><strong>Commissioning of the Duqm project is projected for mid-2029.<\/strong><\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>Meranti Green Steel&#8217;s green iron project in Duqm signals <strong>Oman&#8217;s emergence as a strategic hub for sustainable industrial investment<\/strong>, leveraging its competitive energy mix and advanced infrastructure. This creates <strong>significant opportunities for businesses to engage in green energy and steel supply chains<\/strong>, while investors should focus on the growing green hydrogen ecosystem and Oman\u2019s role in global low-carbon steel markets. Smart entrepreneurs must consider <strong>partnering in or supporting the green transition<\/strong>, aligning with Oman\u2019s energy transition plan to capitalize on long-term sustainable growth and export potential.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meranti Green Steel (MGS) aims for a mid-2026 Final Investment Decision for its 2.5 mtpa green HBI plant in Oman&#8217;s Duqm SEZ, with commissioning set for mid-2029. The project uses a natural gas\/green hydrogen mix, targeting 85% hydrogen for low-carbon steel production.<\/p>\n","protected":false},"author":5,"featured_media":3541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[1256,1257,1258],"class_list":["post-3540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-green-steel","tag-hydrogen-energy","tag-iron-production"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/08\/3101886.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/3540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=3540"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/3540\/revisions"}],"predecessor-version":[{"id":3542,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/3540\/revisions\/3542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/3541"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=3540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=3540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=3540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}