Tokyo Gas Co. plans to invest in US downstream assets to boost earnings and strengthen its energy supply chain. President Shinichi Sasayama stated the company aims to increase profitability by capitalizing on liquefaction plants, export terminals, and the energy services sector.

The firm’s expansion in the US aligns with President Trump’s focus on fossil fuels and growing demand for gas-fired electricity from AI and data centers. Tokyo Gas has allocated $2.2 billion for overseas investments over the next three years, with a focus on making shale gas assets profitable.

Tokyo Gas’ US subsidiary has already made significant investments, including the acquisition of Rockcliff Energy II LLC for $2.7 billion and a stake in Arm Energy Trading LLC. The company is also considering divesting parts of its real estate portfolio following pressure from activist investor Elliott Investment Management.

Tokyo Gas plans to sell certain real estate assets to boost shareholder value while retaining properties that complement its core energy business. The company is strategically positioning itself for future growth and profitability in the energy sector.

Read more at Yahoo Finance: Tokyo Gas to Invest in US Downstream Assets to Drive Growth