Tokyo Gas jointly acquired Indonesia's AGP Indonesia Utama with its Singapore subsidiary. The acquisition is reportedly part of efforts to strengthen its local presence and expand its LNG transportation and supply network.
Tokyo Gas is reported to have jointly acquired Indonesia's AGP Indonesia Utama with its Singapore subsidiary. The acquisition is aimed at developing LNG infrastructure and strengthening the framework for joint initiatives.
The move represents collaboration between companies seeking to expand LNG-related infrastructure locally, and the two companies are expected to deepen their strategic cooperation in the resources and energy sectors.
The acquisition was announced on 8 October 2026, and further announcements are expected on specific business plans and the scale of investment.