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UAE's ADNOC upping US investments, says AI once-in-a generation investment opportunity
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UAE's ADNOC upping US investments, says AI once-in-a generation investment opportunity
Jun 17, 2025 7:29 AM

WASHINGTON, June 17 (Reuters) - ADNOC chief Sultan

al-Jaber said on Tuesday the United Arab Emirates state oil

company was looking to grow its U.S. energy investments six-fold

to $440 billion in the next 10 years.

"For us, the United States is not just a priority, it is an

investment imperative," Jaber told an audience at a Washington

event, adding that AI represented a once-in-a-generation

investment opportunity.

Jaber pointed to the UAE's recent anchor investment in the

largest liquefied natural gas plant in Texas, investments in

petrochemical plants across the U.S. and a planned addition of

5.5 gigawatts of renewable energy and storage "from coast to

coast."

He also said that UAE renewable energy firm Masdar has

just opened an office in Washington, and called investment in

the United States an "investment imperative."

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