UAE's XRG Expands Stake in Texas LNG Project

Jul 3, 2026

78 min

Jul 3, 2026 05:31

UAE’s XRG deepens US LNG bet with Texas deal

## XRG Increases Investment in Rio Grande LNG

Abu Dhabi-based energy firm XRG has expanded its investment in the Rio Grande LNG project in Texas by acquiring additional stakes in Trains 4 and 5. This move gives XRG exposure across all five trains under construction at the Port of Brownsville, one of the largest LNG export projects globally.

## Strategic Acquisition

XRG purchased a 7.6% equity interest in Trains 4 and 5 from Global Infrastructure Partners, part of BlackRock. This follows XRG's earlier investment in Phase 1, where it acquired an 11.7% stake in Trains 1, 2, and 3. The latest acquisition has received necessary regulatory approvals, including from the Committee on Foreign Investment in the United States.

## Production and Economic Impact

Trains 4 and 5 are expected to produce around 12 million tonnes of LNG annually. Overall, the Rio Grande LNG project aims for a total capacity of 30 million tonnes per year. The project is anticipated to create approximately 7,500 construction jobs and 700 long-term positions in the Rio Grande Valley.

## North American Growth

XRG views North America as a key growth area due to its abundant gas resources and favorable investment climate. The company's North American portfolio includes interests in LNG, chemicals, and advanced materials, such as Borouge International's platform through NOVA Chemicals.

## Long-term Agreements

Trains 4 and 5 have secured long-term LNG offtake agreements with high-credit-quality customers. Additionally, ADNOC Trading has signed a 20-year agreement for 1.9 million tonnes per annum from Train 4, reinforcing XRG's commitment to the project.

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