LNG

XRG, the investment arm of ADNOC, has acquired an additional stake in Trains 4 and 5 at the Rio Grande LNG at the Port of Brownsville, Texas. With the latest deal, XRG bought an additional 7.6% stake in both trains from a Global Infrastructure Partners (GIP) vehicle owned by BlackRock, building on its initial purchase of an indirect 11.7% interest in Trains 1, 2 and 3, also through GIP.