Locator: 50385UAE.
Reminder: last year (2025) -- UAE pledged a ten-year $1.4 trillion investment framework in the US.
Not an April Fool's story. LOL.
- 2PointZero: Abu Dhabi-based investment company
- will buy US firm Traverse Midstream Partners
- Traverse
- a portfolio company of The Energy & Minerals Group
- holds a portfolio of high quality non-operated midstream assets
- portfolio includes strategic minority stakes in
- the Rover Pipeline LLC; and,
- the Ohio River System LLC
- Rover Pipeline
- large scale, interstate natural gas pipeline
- Utica and Marcellus to key demand markets in upper Midwest, US Gulf Coast and easter Canada
- Ohio River System:
- relatively new
- natural gas from core Utica and the emerging Ohio Marcellus production
- by the way, the dots now connect -- "the emerging Ohio Marcellus play"
- this explains the growth of LDCs in Ohio, making it one of the nation's top five states for LDCs (Texas, Virginia, California, Illinois, and Ohio)