DFM ---ADX ---
19hDP World’s Inland Logistics Expansion Hits MilestoneBusiness
19hDubai Real Estate Market Booms with Dh111 Billion in Completed ProjectsBusiness
20hUAE Developer Arada Announces Major Dh5 Billion Residential Project on Gold CoastBusiness
20hBridging the Gap: Preparing UAE Graduates for Tomorrow’s WorkforceBusiness
20hDubai to Build World’s Most Extensive Airport Transit SystemBusiness
20hDubai Ascends to Global Financial Powerhouse as FDI Hits Record HeightsBusiness
20hUS National Debt Hits Unprecedented $40 Trillion MilestoneBusiness
20hDubai’s Parkin to Expand Smart Parking Infrastructure with 5,000 New CamerasBusiness
20hRAKEZ Hits Major Milestone with 50,000 CompaniesBusiness
20hNakheel Unveils Exclusive Beachfront Villas on Palm Jebel AliBusiness
1dUAE Implements Stricter VAT Due Diligence Rules for BusinessesBusiness
1dThe New Strategy for Scaling in the Middle EastBusiness
1dUS Issues Cybersecurity Warning Over Siemens Device VulnerabilitiesBusiness
1dEscalating Tensions Disrupt Air Travel Across the GCCBusiness
1dADQ Expands Advisory Team for AD Ports Group AcquisitionBusiness
1dWill Geopolitical Tensions Push Oil Prices to $100 a Barrel?Business
1dUAE Enhances Business Appeal with New Tax Certainty FrameworkBusiness
1dGold Prices Rally as Dollar and Bond Yields SlipBusiness
1dDubai’s Thriving Events Scene: A Packed Schedule Through End of 2026Business
2dDubai Taxi Expands Fleet on Bolt App to Shorten Wait TimesBusiness
2dUAE’s AI Surge: Bridging the Gap Between Investment and ImpactBusiness
2dOil Markets Brace for a New Reality in the Strait of HormuzBusiness
2dOil Prices Rally Amid Diminishing Hopes for US-Iran De-escalationBusiness
2dUAE Boosts Domestic Tourism with Expanded Benefits and PerksBusiness
3druya Partners with Magure to Lead UAE’s AI-Native Banking EraBusiness

Mubadala Energy Joins $13 Billion Commonwealth LNG Project

Fri, May 15, 2026(98d ago)Business

Mubadala Energy, alongside partners Kimmeridge and CPP Investments, has officially committed to the Commonwealth LNG export facility in Louisiana. This major undertaking, developed by Caturus, has successfully secured $9.75 billion in project financing, with total commitments reaching an impressive $21.25 billion. The facility, located in Cameron Parish, is slated to begin operations in 2030, at which point it is expected to yield over $3 billion in annual export revenue. By securing long-term supply agreements with global industry leaders such as Aramco Trading, PETRONAS, and Glencore, the project solidifies its role in the global energy market.

This initiative is a cornerstone of Caturus’ “wellhead-to-water” strategy, which aims to create an integrated natural gas business covering everything from production to shipping. For Mubadala Energy, this investment is a strategic expansion of their gas-weighted portfolio, providing deeper exposure across the entire energy value chain. As global demand for natural gas continues to climb, the facility—equipped with advanced compression and heat exchange technology—is well-positioned to enhance energy reliability. With additional financial backing from major players like BlackRock and Ares Management, the project stands as a significant milestone in the ongoing development of independent US energy infrastructure.

Comments0
No comments yet. Be the first to share your thoughts.