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The Private Department of Sheikh Mohammed bin Khalid Al Nahyan committed a $1.13 billion investment in MidOcean Energy, the Texas-headquartered liquefied natural gas company formed and managed by US-based EIG, according to a joint statement from the parties. Alongside the capital injection, the Private Department and EIG established a partnership centered on capital aggregation, investment origination and the creation of institutional opportunities in the UAE together with selected regional markets. The announcement described the investment as the Private Department’s entry into the global LNG sector and the start of broader collaboration on future energy and infrastructure projects. EIG has built substantial LNG experience, having committed or raised more than $10 billion across 23 transactions worldwide during the past 23 years, the firm has disclosed in background materials.
MidOcean Energy holds a diversified portfolio of LNG interests that spans projects in Canada, Australia and Latin America, the statement noted. The company, which EIG formed to focus on resilient, cost-competitive LNG assets, has pursued additional initiatives including a potential stake in the Lake Charles LNG export facility in the United States and an interest in Canada’s LNG Canada project through a prior agreement with PETRONAS. These holdings position MidOcean across the LNG value chain from upstream resources to liquefaction and export capacity.
The Private Department, operating with its affiliate KSH Investments as an Abu Dhabi-based diversified investment and asset management platform, framed the transaction as advancing long-term exposure to global infrastructure while opening pathways for regional investors to participate alongside institutional partners. Matar Hamdan Al Ameri, the Private Department’s executive managing director, described the deal in those terms, a Reuters report on the announcement indicated. The partnership with EIG is intended to extend into additional energy-sector opportunities in coming years.
International Energy Agency data shows global LNG supply growth accelerating to more than 7 percent in 2026, the fastest pace since 2019, with North America accounting for the majority of the roughly 40 billion cubic metres of new production. The IEA assessment forecasts this supply wave will support nearly 2 percent growth in worldwide natural gas demand, driven primarily by China and emerging Asian markets that continue to expand LNG imports. Such projections highlight LNG’s role in market rebalancing after periods of volatility and supply constraints.
Earlier company announcements indicate MidOcean continues to evaluate further acquisitions that would strengthen its Atlantic Basin presence and integrate upstream gas resources with export infrastructure. The firm’s existing positions already include interests in established LNG facilities such as Gorgon, Pluto, QCLNG and Peru LNG. These assets provide a foundation that the new capital from the Private Department is expected to help expand.
