MidOcean Completes Acquisition of Tokyo Gas’ LNG Interests in Australia

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EIG’s LNG company MidOcean Energy completed the acquisition of Tokyo Gas Co.’s interests in a portfolio of Australian LNG projects, MidOcean announced March 28.

The transaction includes Tokyo Gas’ interests in the Gorgon LNG, Pluto LNG and Queensland Curtis LNG projects. MidOcean said it will open an office in Perth, Australia, to oversee and support the projects.

Barrenjoey, Barclays and JP Morgan acted as financial advisers to EIG and MidOcean in the transaction.