OSAKA — Japanese utility Osaka Gas will take part in developing India’s gas infrastructure through a partnership with a local supplier that has a significant reach in the promising market.
A consortium led by Osaka Gas spent about $370 million in April to secure a 25% stake in Singaporean energy provider AG&P LNG Marketing. The transaction, which converted AG&P into an equity-method affiliate, followed a $120 million investment by Osaka Gas in AG&P in 2021.
AloJapan.com