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Japan's Mitsui completes acquisition of unconventional gas asset in Texas
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Japan's Mitsui completes acquisition of unconventional gas asset in Texas
Jun 23, 2024 7:21 PM

TOKYO, June 24 (Reuters) - Japanese trading house Mitsui ( MITSF )

has completed acquisition of an unconventional gas

company in Texas, as the United States is increasing production

of liquefied natural gas (LNG), the company said on Monday.

Mitsui ( MITSF ) bought the Tatonka gas asset from Sabana and Vanna

companies based in the United States, it said, and plans to

start drilling wells in order to launch the full-scale

development after 2026.

Mitsui ( MITSF ) did not disclosure value of the deal or planned

production capacity.

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