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Abu Dhabi's XRG Acquires Stake in Turkmenistan's Gas Block
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Abu Dhabi’s XRG Acquires Stake in Turkmenistan’s Gas Block

XRG, the low-carbon energy and chemicals investment arm of the Abu Dhabi National Oil Company (Adnoc), has made a significant move into the Central Asian market by investing in Turkmenistan’s gas and condensate fields. The company has secured a 38 percent stake in the offshore “Block I” concession, according to a statement released by XRG....