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Why the UAE Is Taking a Bigger Piece of America’s LNG Crown Jewel
Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author.
Summary
Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… As might be expected in the zero-sum game of global energy, there is much more than meets the eye to the acquisition by Abu Dhabi-headquartered international investment company XRG of an additional equity interest in Trains (self-contained production facilities) 4 and 5 of the U.S.’s flagship Rio Grande liquefied natural gas (LNG) project at the Port of Brownsville, Texas.
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