Tokyo Gas sells U.S. gas unit to Grayrock Energy for $255 MM
11/19/2025
Tokyo Gas, Japan's largest city gas supplier, said it sold its U.S.-based subsidiary, TVL LLC, involved in gas development and production to Grayrock Energy for $255 million.
The unit, operating in Louisiana's Haynesville and Cotton Valley formations, was sold as part of Tokyo Gas's strategy to optimize its asset portfolio, it said in a statement.
Related News
Related News
Sign up to Receive Our Newsletter
- U.S. natgas prices hit 20-week high on LNG flows, heat outlook
- Baker Hughes’ fuel flexible NovaLT™ 16 gas turbine certified by RINA for marine propulsion
- Commonwealth LNG FID attracts global syndicate of leading banks
- Dozens injured, 18 missing after blast during restart at giant Qatar LNG site
- U.S. natgas futures rise as hotter weather boosts demand, some spot prices negative

Comments