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0.00199500350473587 0.00199500350473587 0.00199500350473587 -0.0141807005877172 -0.0141807005877172 -0.0141807005877172 -0.0141807005877172 -0.0141807005877172
Stock impact report

Japan's Mitsubishi invests in EIG's LNG company MidOcean Energy [Reuters]

TOKYO GAS CO LTD UNSP/ADR (TKGSY) 
NASDAQ:AMEX Investor Relations: tokyo-gas.co.jp/ir/english/library/earn_e.html
Company Research Source: Reuters
Energy, a liquefied natural gas (LNG) company owned by U.S. investment firm EIG, MidOcean said on Tuesday without giving details of the deal. The investment by Mitsubishi, an active player in the LNG sector for over 50 years, will accelerate MidOcean's strategy to create a diversified, global, pure-play LNG company, it said. The move deepens MidOcean's blue-chip investor base and builds on the company's significant momentum since launching in late 2022. Mitsubishi in Tokyo declined to give any further details of the deal. Saudi Aramco (2223.SE) , opens new tab Chief Executive Amin Nasser said last month that it may partner with MidOcean Energy to invest in LNG projects outside of Australia, having agreed last year to take a strategic minority stake in the company. Last week, MidOcean announced the close of its acquisition of a portfolio of Australian LNG projects, including Gorgon LNG, Pluto LNG and Queensland Curtis LNG, from Japan's biggest city gas provider Tokyo Gas (953 Show less Read more
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