XRG ups its investment in Rio Grande LNG

BROWNSVILLE, January 27, 2026 – ADNOC’s international energy investment arm XRG has taken a 7.6% stake in Train 4 and Train 5 of NextDecade’s Rio Grande LNG liquefaction facility in Brownsville, Texas, XRG announced on Monday.

The investment adds to the 11.7% stake XRG already holds in Rio Grande LNG’s Trains 1-3, acquired in September 2025 through a joint investment with investment firm Global Infrastructure Partners, a division of global asset manager BlackRock.

“By growing our presence in U.S. LNG, we are strengthening a resilient, globally scaled gas platform while further deepening the UAE–U.S. energy partnership,” said Mohamed Al Aryani, president of XRG’s international gas business, in a statement to Reuters.

Train 4 and Train 5 each have a nameplate LNG production capacity of 6 million tonnes per year (tpy). NextDecade and its project partners reached positive FIDs for their development in September 2025 and October 2025, respectively

NextDecade has signed long-term LNG sale and purchase agreements for 4.6 million tpy of Train 4 production with ADNOC, Saudi Aramco and TotalEnergies, and secured offtake for 4.5 million tpy of Train 5 production with ConocoPhillips, EQT Corporation and JERA.

In November 2025, NextDecade announced it had initiated the pre-filing process for Train 6. The company has approximately 48 million tpy of liquefaction capacity under construction or in development at its Brownsville site, which has the capacity to house up to 10 liquefaction trains.

Launched in 2024 as ADNOC’s international growth platform, XRG targets investments across natural gas, LNG, chemicals and lower-carbon energy.

Rendering courtesy of NextDecade

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