TOKYO -- Tokyo Gas will sell stakes in four Australian liquefied natural gas projects to a unit of U.S. private equity firm EIG, the Japanese energy supplier said Friday, as it moves to expand investments in renewable energy.
Proceeds to be redirected to renewable energy and hydrogen production

The Ichthys offshore development is among the four Australian LNG projects Tokyo Gas plans to divest. (Photo courtesy of Inpex)
TOKYO -- Tokyo Gas will sell stakes in four Australian liquefied natural gas projects to a unit of U.S. private equity firm EIG, the Japanese energy supplier said Friday, as it moves to expand investments in renewable energy.