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SINGAPORE, Nov. 11, 2026 /PRNewswire/ — H2G Green Limited (the "Company", together with its subsidiaries, collectively the "Group") announced that the Company’s subsidiary, GasHubUnited Utility Private Limited ("GasHub"), has on 4 November 2026 entered into a non-binding memorandum of understanding (the "MOU") with the following parties (together with GasHub, the "Parties"):
Gashub Signs MOU with Abu Dhabi Department of Energy
- Department of Energy – Abu Dhabi;
- Muzn Energy (a company of SERGAS Group) – UAE; and
- Cloud Energy Gas Company.
The MOU sets out a framework for the Parties to cooperate in assessing the feasibility of developing small-scale liquefied natural gas solutions in Abu Dhabi. It is valid for twelve (12) months from 4 November 2026, unless extended in writing.
On 5 November 2026, the Abu Dhabi Media Office published a press release on the signing of the non-binding MOU ("Abu Dhabi Press Release")[1]. The Company also clarified that:
(a) the "agreement" referred to in the Abu Dhabi Press Release is the non-binding MOU;
(b) the Group’s participation in the MOU is through GasHub, and the Company is not itself a party to the MOU; and
(c) the potential investment of up to AED1 billion referred to in the Abu Dhabi Press Release is not a commitment under the MOU, and neither the Company nor GasHub has committed to any investment.
There is no certainty that the MOU will lead to any definitive agreement or project. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.
The Company will make further announcements as and when there are material developments.
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