Tokyo Gas' $2.3B U.S. Investment: Shale Gas & LNG Opportunities
Update: 2025-12-14
Description
Tokyo Gas, Japans leading city gas provider, is expanding into the U.S. market, investing over $2.3 billion in the next three years. Focusing on North America, particularly East Texas shale, they aim to capitalize on growing U.S. gas demand and liquefied natural gas exports. Recent acquisitions, such as Rockcliff Energy and a 70% stake in East Texas gas assets from Chevron, demonstrate their commitment to U.S. expansion. This strategic move reflects global energy companies adaptation to market changes and pursuit of growth opportunities.
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