Mubadala Energy
Coverage of Mubadala Energy in the Nexus archive.
- New infrastructure projects seek to bypass Hormuz
Countries are developing infrastructure projects to reduce dependence on the Strait of Hormuz for fossil fuel exports, including new pipelines from the UAE and Iraq, strategic reserves partnerships, and the potential completion of Russia's Power of Siberia 2 pipeline to China. While renewable energy equipment sales have surged due to global supply chain concerns, the world's continued reliance on oil and gas is driving renewed investment in alternative export routes and infrastructure.
- Mubadala Energy backs $13B LNG project on US Gulf Coast
Mubadala Energy is backing a $13 billion LNG export project in Louisiana expected to produce 9.5 million tons annually starting in 2030. This reflects growing Arab Gulf investment in US energy as global demand rises and Middle Eastern producers face capacity constraints from geopolitical disruptions.