MidOcean closes $2.15bn purchase of Tokyo Gas' Aussie LNG Interests
This acquisition, initially disclosed in 2022, encompasses Tokyo Gas' stakes in the Gorgon LNG, Pluto LNG, and Queensland Curtis LNG projects.
Stay updated with breaking news from Pluto Lng. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
This acquisition, initially disclosed in 2022, encompasses Tokyo Gas' stakes in the Gorgon LNG, Pluto LNG, and Queensland Curtis LNG projects.
The company also raised its full-year profit forecast.
All the conditions relating to the gas supply deal signed with Perdaman Chemicals and Fertilisers in 2018 have now been satisfied.
Woodside Burrup Pty Ltd and the North West Shelf Project participants have entered into separate non-binding agreements with Western Gas for the processing of 2 – 3 million tpy of Equus gas from 2027, utilising Woodside-operated infrastructure.
MidOcean Energy, an LNG company formed and managed by EIG, has entered into a definitive agreement with Tokyo Gas Co., Ltd to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects.