XRG, Adnoc’s global energy investment arm, has increased its stake by 7.6 per cent in the Rio Grande liquefied natural gas project in the US as the Abu Dhabi company builds its portfolio.
The expanded shareholding in two LNG trains in Texas strengthens XRG’s position in the global LNG market and heightens its exposure to one of the world’s largest export facilities, the Abu Dhabi-based company said in a
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