Rio Grande Lng

Industry, Logistics & Shipping

Adnoc unit seals deal to boost stake in Texas LNG project

Mon, 26 Jan 2026

XRG, a lower-carbon energy company and a unit of Adnoc Distribution, has entered into a deal with Global Infrastructure Partners (GIP), a part of BlackRock, to increase its stake in Rio Grande LNG, deepening its exposure to one of the world’s largest LNG export facilities, located in Texas, US.