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ADNOC Buys 11.7% Stake in NextDecade’s Rio Grande LNG Project

/ Latest / By mark
The United Arab Emirates’ ADNOC will acquire a 11.7% equity stake in Phase 1 of NextDecade Corp.’s Rio Grande LNG (RGLNG) project from Global Infrastructure Partners (GIP), while also entering an offtake agreement for 1.9 mtpa from the Texas export facility.

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