ADNOC has launched XRG, a new $80+ billion investment entity focused on lower-carbon energy and chemicals. XRG aims to capitalize on three key megatrends: energy transformation, AI growth, and emerging economies. The entity plans to double its assets in the next decade, with three strategic platforms: Global Chemicals, International Gas, and Low Carbon Energies. XRG targets becoming a top global chemicals player, addressing rising gas demand, and investing in decarbonization technologies. Set to begin operations in Q1 2025, XRG is poised to drive sustainable growth and technological innovation while supporting the global energy transition.

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