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TKGSY Tokyo Gas Company Ltd (PK)

10.94
0.00 (0.00%)
Last Updated: 14:42:17
Delayed by 15 minutes
Name Symbol Market Type
Tokyo Gas Company Ltd (PK) USOTC:TKGSY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 10.94 10.24 10.91 0.00 14:42:17

Tokyo Gas: Signed Preliminary Agreement With BG Group On LNG Stake Buy

31/03/2010 6:49am

Dow Jones News


Tokyo Gas (PK) (USOTC:TKGSY)
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Tokyo Gas Co. (9531.TO) said Wednesday it has signed a preliminary agreement with BG Group to purchase liquefied natural gas made from coal bed methane in Queensland, Australia and to buy stakes in the project.

Under the agreement, Tokyo Gas aims to buy 1.2 million metric tons a year of LNG for 20 years from 2015. It will buy a 1.25% stake in a gas block and a 2.5% stake in the no. 2 liquefaction train.

-By Mari Iwata, Dow Jones Newswires; 813-6269-2798; mari.iwata@dowjones.com

 
 

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