ADNOC makes first strategic U.S. investment

Jack Burke Senior Editor, Compressor Tech2

May 20, 2024

Buys into LNG export project

State-owned ADNOC has made what it calls its first strategic investment in the U.S. with the acquisition of a 11.7% stake in Phase 1 (Trains 1-3) of NextDecade Rio Grande LNG (RGLNG) export project located in Texas.

Additionally, ADNOC and NextDecade announced that they have entered into a 20-year LNG…

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Jack Burke Senior Editor Tel: +1 262 527 0815 E-mail: [email protected]
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