Tokyo Gas Sells US Gas Unit to Grayrock Energy for $255 Million
11.17.2025 By Tank Terminals - NEWS

November 17, 2025 [Reuters]- Tokyo Gas, Japan’s largest city gas supplier, said on Monday 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 optimise its asset portfolio, it said in a statement.

 

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