Emirati Energy and Industry Platform in Americas
XRG, the international investment arm of ADNOC, is working to expand its presence in the Americas through investments in the energy, liquefied natural gas, and chemicals sectors, aiming to enhance the economic stature of the United Arab Emirates. The investments include the Rio Grande project in Texas, which seeks to export 30 million tons of gas annually, as well as expansions across North America through companies such as Covestro, BPG International, and Nova Chemicals. UAE investments in American energy assets have exceeded $85 billion across 19 states, supporting the electricity, chemicals, and infrastructure sectors, and reaffirming the country's role in building a long-term global investment platform.
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