Javier Ferrandis: Follow: Researcher: Published December 8, 2020
Extracts from an extensive article by former Shell Petroleum Economist Javier Ferrandis:
The CARLYLE-MUBADALA ALLIANCE: A NEW BLUEPRINT FOR OIL AND GAS BRIBERY
Information about the nine-year period Javier Ferrandis spent at Shell can be found at the foot of this article.
I would argue in this article that the overvalued and questionable purchase of Abu Dhabi’s Mubadala owned CEPSA by the Carlyle group in 2019 was part of a USA government-sponsored bribery operation connected to the transfer of large Oil & Gas concessions in the United Arab Emirates (UAE) into the hands of Chinese National Oil Companies and other oil companies based in countries that collaborated with the 1MDB operation and that happen to be main recipients of UAE crude oil exports. The timing of the 1MDB operation and specifically the purchase of Coastal Energy by Abu-Dhabi owned CEPSA and the 1MDB Chinese middleman Jho Low was chosen to coincide exactly with the historic expiration of the 75 years old Abu-Dhabi oil concessions.