• Strengthens IRH’s long-term LNG portfolio and global supply diversification strategy
  • Provides direct access to Asian markets, bypassing Panama Canal constraints

ABU DHABI, UAE: International Resources Holding (IRH), the Abu Dhabi-based natural resources investment platform and a subsidiary of 2PointZero Group, has signed a 20-year liquefied natural gas (LNG) Sale and Purchase Agreement with Mexico’s AMIGO LNG, a flagship project of LNG Alliance, securing long-term LNG supply to support growing global energy demand.

Under the agreement, IRH will purchase 1 million tonnes per annum (MTPA) of LNG from the AMIGO LNG export project in Guaymas, Sonora. Deliveries are expected to begin when the project’s liquefaction train enters commercial operations in the second half of 2028.

The deal strengthens IRH’s strategy of securing reliable LNG supply from geographically diversified sources. Located on Mexico’s west coast, the AMIGO LNG project provides direct shipping access to Asian markets without reliance on the Panama Canal – avoiding a key global shipping bottleneck and enabling highly competitive LNG delivery costs into Asia.

Mexico is increasingly emerging as a strategic LNG energy hub, offering Pacific access that can help diversify global supply routes and enhance energy security for international buyers.

Ali Rashed AlRashdi, CEO of International Resources Holding, said: “This agreement marks an important milestone in strengthening IRH Global Trading’s long-term LNG portfolio. By securing competitively priced Pacific Basin supply, we are enhancing the resilience and diversification of our global trading platform while expanding our ability to serve key growth markets. As a company headquartered in the UAE, this partnership also reflects our commitment to supporting the country’s growing role as a global energy and trading hub, while building strategic relationships that contribute to the future of international energy markets”.

He added: “Mexico’s west coast offers a structurally resilient LNG supply route to Asia that is not dependent on major maritime chokepoints such as the Panama Canal. By partnering with AMIGO LNG, we are helping strengthen global energy security while ensuring competitive and dependable LNG supply for international markets.”

Dr. Muthu Chezhian, CEO of AMIGO LNG, said: “This agreement highlights the growing role Mexico can play in strengthening global LNG supply chains. By connecting Mexico’s Pacific coast with world-class energy partners such as IRH, we are establishing efficient new LNG supply routes that strengthen global energy security and support long-term demand.”

ABOUT 2POINTZERO GROUP

2PointZero Group PJSC is a next-generation investment powerhouse focused on energy and consumer, two multi-trillion-dollar sectors that power everyday life and form the foundation of the new economy. Its AI-enabled, diversified portfolio is built for efficiency, synergy, and compounding returns. Anchored by market-leading businesses, 2PointZero drives sustainable growth through disciplined capital allocation, operational excellence, and digital integration, creating a resilient platform that delivers sustained performance and long-term value for its shareholders.

For more information, visit www.2PointZero.com

ABOUT INTERNATIONAL RESOURCES HOLDING (IRH)

International Resources Holding (IRH), a subsidiary of 2PointZero Group headquartered in Abu Dhabi, UAE, is a global mine-to-market platform strategically investing in minerals critical to the energy transition and technological advancement. IRH’s integrated model spans upstream exploration, midstream processing, and downstream distribution, targeting minerals such as copper, cobalt, nickel, manganese, graphite, rare earth metals, tin, tantalum, and tungsten. IRH emphasizes sustainable and responsible resource development and actively partners with communities and governments worldwide.

For more information, visit www.irh.ae  

ABOUT LNG ALLIANCE

LNG Alliance (est. 2013), an affiliate of Texas-based Epcilon LNG LLC, is powering the future with cutting-edge gas and LNG terminal infrastructure across the United States, Mexico, Southeast Asia, and Europe. Backed by strategic partnerships with top-tier energy and technology leaders from the United States, the Middle East, and Europe; LNG Alliance delivers reliable, transition, and sustainable energy with global reach and local impact.

CONTACTS
Wassim El Jurdi
2PointZero Group
E: wassim@2pointzero.com

Rawad Khattar
Weber Shandwick
E: rkhattar@webershandwick.com