Acquiring Company
ADNOC
Acquired Company
Southern Gas Corridor CJSC
Description
ADNOC's XRG has finalized the acquisition of a 12.5% stake in Azerbaijan’s Southern Gas Corridor from the Ministry of Economy. This acquisition strengthens XRG's strategic position in the Caspian gas value chain. The deal highlights a significant milestone in XRG's strategy for integrating gas resources with export infrastructure.
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Based on deal dataFrequently asked
Who acquired Southern Gas Corridor CJSC?
Southern Gas Corridor CJSC was acquired by ADNOC, based in Abu Dhabi. The deal was reported on September 15, 2026. ADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC is privately held and operates in Energy.
When did ADNOC acquire Southern Gas Corridor CJSC?
ADNOC's acquisition of Southern Gas Corridor CJSC was reported on September 15, 2026. ADNOC's XRG has finalized the acquisition of a 12.5% stake in Azerbaijan’s Southern Gas Corridor from the Ministry of Economy. This acquisition strengthens XRG's strategic position in the Caspian gas value chain. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Southern Gas Corridor CJSC do?
The Southern Gas Corridor CJSC is a vital infrastructure project connecting Caspian gas to European markets. It aims to enhance energy security by diversifying supply sources. It is privately held, operating in Energy, and is based in Azerbaijan.
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