Adnoc XRG Rio Grande LNG stake acquisition 2025 is a landmark investment by Adnoc’s international gas subsidiary, XRG P.J.S.C., marking its first entry into the US gas infrastructure sector.
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Adnoc XRG Rio Grande LNG stake acquisition 2025 is a landmark investment by Adnoc’s international gas subsidiary, XRG P.J.S.C., marking its first entry into the US gas infrastructure sector.
Adnoc XRG Rio Grande LNG stake acquisition 2025 is a landmark investment by Adnoc’s international gas subsidiary, XRG P.J.S.C., marking its first entry into the US gas infrastructure sector. The 11.7% equity stake in Phase 1 of the Rio Grande LNG project, located in Brownsville, Texas, was completed through an investment vehicle of Global Infrastructure Partners, part of BlackRock.
Phase 1 includes three liquefaction trains currently under construction, with a Final Investment Decision recently made for a fourth train. Upon completion, the project is projected to reach a capacity of 48 million tons per annum (mtpa), reinforcing the US’s growing role as a major LNG exporter.
The investment supports XRG’s strategy to expand its global gas portfolio amid rising energy demand driven by industrial growth, artificial intelligence, and economic activity. Mohamed Al Aryani, President of XRG International Gas, highlighted the expected 60% growth in LNG demand by 2050, emphasizing the long-term disciplined investment approach.
At peak construction, Rio Grande LNG is expected to employ over 5,000 workers and create 350-400 operational jobs. Complementing the equity acquisition, Adnoc signed a 20-year LNG offtake agreement for 1.9 mtpa from the project’s fourth train, cementing the UAE’s position in the global LNG supply chain.
XRG, wholly owned by Adnoc, manages energy investments worldwide and is focused on developing lower-carbon energy solutions aligned with global energy transition goals.
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