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CERAWEEK-UAE's XRG to make big investment in US gas- ADNOC CEO
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CERAWEEK-UAE's XRG to make big investment in US gas- ADNOC CEO
Mar 11, 2025 7:39 AM

HOUSTON, March 11 (Reuters) - The investment arm of

United Arab Emirates state oil company ADNOC will make a

significant investment in US gas starting in coming months,

ADNOC CEO Sultan Al Jaber said on Tuesday.

"Over the next few months and foreseeable future you will

see very large and significant investment by XRG in the United

States," he told the CERAWeek energy conference in Houston.

XRG would invest throughout the gas supply chain, from

exploration and development through distribution, and wanted to

be a one-stop shop for gas, he said.

XRG is the international investment arm of ADNOC, and is

fully owned by the state-run company.

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