ADNOC ceding stake in huge LNG project to subsidiary for $5 billion

(ADNOC) intends to transfer its entire stake in the low-carbon Ruwais liquefied natural gas (LNG) project, currently under development in the United Arab Emirates (UAE), to its affiliate ADNOC Gas.

The post ADNOC ceding stake in huge LNG project to subsidiary for $5 billion appeared first on Offshore Energy.