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ADNOC Considers Partnership for Gas Projects in Venezuela

NATURAL GAS

Abu Dhabi National Oil Co. (ADNOC) is considering partnerships with international firms to invest in Venezuela's gas sector, contingent on establishing legal and financial frameworks amid current political conditions. ADNOC's investment arm, XRG, aims to utilize Abu Dhabi's oil revenues to revitalize Venezuela's substantial gas reserves while coordinating efforts with the U.S. to navigate the geopolitical landscape.

ADNOC Considers Partnership for Gas Projects in Venezuela
Jan 16, 2026, 11:16 AM

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