ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Energy

Tokyo Gas gobbles up discounted $188m stake in US shale project

American explorers dump assets during commodities slide

The Tokyo Gas group is rapidly expanding its shale gas footprint in the U.S.

TOKYO -- Tokyo Gas has purchased an interest in a U.S. natural gas field in a deal worth roughly 20 billion yen ($188 million), part of a spending spree by the Japanese energy supplier to take advantage of a buyer's market during a commodities slump.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more