BOLD INVESTMENT: SHIZUOKA GAS ACQUIRES TOKYO GAS’ US ASSETS

Tokyo Gas sells U.S. assets – It sold a 25% stake in a Texas gas project.
Buyer is Shizuoka Gas – Shizuoka Gas bought it for $130 million.
Reason for sale – Tokyo Gas wants to reorganize its business.
Focus on other areas – It will now invest more in East Texas and northern Louisiana.