ADNOC secures stake, offtake deal in NextDecade's Rio Grande LNG-March 2024-www.financetom.com

ADNOC secures stake, offtake deal in NextDecade's Rio Grande LNG

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ADNOC secures stake, offtake deal in NextDecade's Rio Grande LNG

May 20, 2024 3:29 AM

May 20 (Reuters) - Abu Dhabi National Oil Company

(ADNOC) on Monday said it has acquired an 11.7% stake in phase 1

of NextDecade's ( NEXT ) Rio Grande LNG export facility and

entered into a 20-year supply agreement.

(Reporting by Mrinalika Roy in Bengaluru)

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