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ABU DHABI / WAM
Musabbeh Al Kaabi, CEO of Petroleum & Petrochemicals, Mubadala Investment Company, noted that the petroleum and petrochemicals platform is a core pillar of company’s business, building on Abu Dhabi’s rich heritage in oil and gas sector.
The petroleum & petrochemicals platform accounts for AED 150 billion ($40.8 billion) of Mu-badala’s AED800 billion portfolio, Al Kaabi told Emirates News Agency (WAM) in an interview.
Al Kaabi said that the Petroleum & Petrochemicals platform has a balanced portfolio of integrated projects and companies, whose activities cover the various stages of the total supply chain of the oil, gas, refining and petrochemical industries.
He also highlighted that the company’s diverse investments and projects cover over 40 countries in five continents.