MNI BRIEF: Canadians Fuzzy On How BOC Hikes Slow CPI, Government's Role

CANADA FLASH MAY GDP +0.1% ON FACTORIES AND REAL ESTATE

MNI China Daily Summary: Friday, June 28

MNI BRIEF: BCB Evaluating Real Depreciation Impacts - Galipolo

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

MNI: BAKER HUGHES US RIG COUNT 581; OIL RIGS 479; GAS RIGS 97

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: BoE APF on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Tokyo Gas Seeking More US Natural Gas Assets: Reuters

NATGAS
Homepagemarkets-real-timeCommoditiesEnergy BulletsBulletBank of Japan (BOJ) Market News

Japan’s top city gas supplier Tokyo Gas is looking to boost its US natural gas assets, its president said June 3, cited by Reuters.

  • The company is looking to expand gas related businesses in North America after a recent acquisition of a shale gas producer Rockliff Energy.
  • "We would still consider investing in shale gas assets if we can acquire them at the appropriate price and in a competitive way," Tokyo Gas President Shinichi Sasayama said. "But we are not only looking to upstream assets, but also to surrounding assets such as marketing, trading and storage batteries, so that we could link them together to build the total value chains."
  • In Asia, Tokyo Gas is looking at two LNG projects in Vietnam which will start from 2027 and 2029.
  • The company is buying 13m mtpa of LNG from 13 projects across four countries.
143 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Japan’s top city gas supplier Tokyo Gas is looking to boost its US natural gas assets, its president said June 3, cited by Reuters.

  • The company is looking to expand gas related businesses in North America after a recent acquisition of a shale gas producer Rockliff Energy.
  • "We would still consider investing in shale gas assets if we can acquire them at the appropriate price and in a competitive way," Tokyo Gas President Shinichi Sasayama said. "But we are not only looking to upstream assets, but also to surrounding assets such as marketing, trading and storage batteries, so that we could link them together to build the total value chains."
  • In Asia, Tokyo Gas is looking at two LNG projects in Vietnam which will start from 2027 and 2029.
  • The company is buying 13m mtpa of LNG from 13 projects across four countries.