
Liquefaction/Upstream
February 19, 2026
Adnoc’s XRG seals binding Argentina LNG deal with YPF and Eni
Adnoc’s investment vehicle XRG has entered into a binding joint development agreement with YPF and Eni for the 12 mtpa phase of the Argentina LNG project. The partners will now move into the FEED stage and are targeting a final investment decision in the second half of 2026. This phase will include two floating LNG units, each with a capacity of 6 mtpa, to monetize gas from Argentina’s Vaca Muerta shale basin.


