ADNOC ’s XRG and Turkmenistan: A New Caspian Chapter
ADNOC's XRG has entered the offshore sector of Turkmenistan. This move is part of a strategic expansion into the Caspian region. XRG started as an energy investment company in November 2024 with a value over 80 billion US dollars. It has since grown to a valuation exceeding 150 billion US dollars. This expansion was noted during the OGT 2026 event.
Entry into Turkmenistan’s offshore sector gives Diamond Partnership at OGT 2026 clear strategic weight. The expansion of ADNOC’s XRG has moved quickly from ambition to execution. Launched by ADNOC in November 2024, XRG has grown from an international energy investment company valued at more than US$80 billion to a platform now valued above US$150 billion, […] The post ADNOC ’s XRG and Turkmenistan: A New Caspian Chapter appeared first on News Central Asia (nCa) .