South Korean green energy firm Lupro has signed an agreement with Omani conglomerate Muscat Investment House and obscure Thai company MA Corporation to build a project capable of producing one million tonnes a year of green ammonia.
The facility, to be based in the eastern Omani port town of Duqm, would export volumes of NH3 to Thailand starting from 2027, where it would then be sold on to other industrial users in Southeast Asia as well as South Korea.