XRG to acquire stake in Southern Gas Corridor, expanding Caspian presence

Jack Burke Senior Editor, Compressor Tech2

November 03, 2025

Agreement deepens UAE-Azerbaijan energy partnership

XRG, the international energy investment platform launched by Abu Dhabi National Oil Co. (ADNOC) in 2024, has signed non-binding Heads of Terms to acquire a stake in Southern Gas Corridor CJSC (SGC) from the Ministry of Economy of the Republic of Azerbaijan. The agreement, announced on the sidelines of ADIPEC…

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