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MITSUBISHI WILL BUY TEXAS AND LOUISIANA SHALE GAS ASSETS FOR $7.53 BILLION

  • NEWS Desk Global
  • Jan 16
  • 1 min read

Japanese trading house Mitsubishi Corp will buy the U.S. shale production and infrastructure assets of Aethon Energy Management for $7.53 billion, it said on Friday, its largest deal yet as it seeks to strengthen its gas supply chain.

If finalised, the deal would give the company a substantial natural gas operation adjacent to the U.S. Gulf Coast and the energy export facilities being developed there.

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