10 July 2024

Energy giants take stakes in Ruwais LNG project

Oil & gas
Middle East & Africa

BP, Mitsui & Co, Shell, and TotalEnergies each agreed to buy a 10% equity stake in ADNOC’s LNG export terminal in UAE’s Al Ruwais. Adnoc will retain a 60% majority stake.Last month, the state-owned firm took a final investment decision to build the LNG export terminal in Al...

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