Avoiding geopolitical risks: UAE expands into North America again, signs a 20-year natural gas supply contract

NightAirdropper · 2026-04-04T13:37:57+00:00

IRH, a subsidiary of Abu Dhabi Investment Holding Group, has signed a 20-year liquefied natural gas supply agreement with Mexico's Amigo LNG, with an annual purchase volume of 1 million tons. The project is located on the west coast of Mexico and is expected to start delivery in 2028, contributing to global energy supply diversification and security.

NightAirdropper

2026-04-04 13:37:57

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Gelonghui April 2｜After Abu Dhabi Investment and Holding Group’s 2PointZero issued a statement on Tuesday regarding its acquisition of a U.S. natural gas infrastructure company, its natural resources investment platform, IRH, said in a statement yesterday that it has signed a 20-year liquefied natural gas (LNG) supply agreement with Mexico’s Amigo LNG company. Under the agreement, IRH will purchase 1 million tons of liquefied natural gas annually from the Amigo LNG liquefaction project.

This liquefied natural gas project is located on Mexico’s west coast and can reach Asian markets directly without transiting the Panama Canal. Its liquefaction production lines are expected to come online for commercial operations in the second half of 2028, when the first deliveries will be launched. IRH’s CEO Ali AlRashdi explained that the agreement is part of efforts to diversify energy supply channels and will help strengthen global energy security by ensuring reliable LNG supplies for international markets.

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