Japan’s Mitsui has bought a 92% stake in a shale gas field in Texas, from which it eyes production of over 200 million cubic feet daily, Reuters has reported, citing the company. The size of the deal was not disclosed but the Japanese company said the acquisition was a “pragmatic solution” for the transition away from fossil fuels. Japan is one of the most heavily import-dependent nations in the world when it comes to energy, and natural gas is one of its biggest imports. Last year, the country regained the top spot of LNG importers…
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