Abu Dhabi’s XRG in Talks to Join YPF’s LNG Export Venture
Yahoo Finance·2025-10-28 02:40
Abu Dhabi National Oil Company’s overseas arm, XRG, is in early talks to invest in Argentina’s first large-scale liquefied natural gas (LNG) project, led by state-owned YPF SA. The move aligns with XRG’s growing push to expand its LNG portfolio across Latin America, the US, and Asia, according to people familiar with the matter. YPF’s project aims to transform Argentina into a significant LNG exporter by harnessing vast gas reserves from the Vaca Muerta shale basin. The plan centers on a floating liquefac ...