Adnoc buys stake in NextDecade’s Rio Grande LNG project

UAE’s Adnoc has purchased an 11.7 percent stake in the first phase of NextDecade’s Rio Grande LNG export terminal in Texas from Global Infrastructure Partners. Adnoc and NextDecade also entered into a 20-year LNG offtake agreement for the fourth Rio Grande LNG train. According to a joint statement issued on Monday, the Phase 1 RGLNG … Continue reading Adnoc buys stake in NextDecade’s Rio Grande LNG project