UAE
Mubadala To Invest $8bn In East African LNG Production
By Nick Wilson
Abu Dhabi’s state-owned conglomerate Mubadala plans to invest $8bn in East African upstream LNG projects to secure gas for the 1.2bn cfd import terminal it is building at the port of Fujairah. This would complement or replace any contracts it will sign for supplies that will start in 2014. Abu Dhabi has been unable to import more gas through the 3.6bn cfd Dolphin Energy’s...
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