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Mitsui completed the acquisition of a 92% stake in an unconventional gas asset in Texas from Silver Hill Eagle Energy Partners.

Synopsis

Mitsui, one of the largest sogo shosha in Japan, completed the acquisition of a 92% stake in an unconventional gas asset in Texas from Silver Hill Eagle Energy Partners, a private oil and gas company headquartered. Financial terms were not disclosed. Mitsui believes that natural gas and LNG will play an important role as a "pragmatic solution" for energy transition, and they will continue to contribute to stable energy supply, enhanced quality of life, and sustainable development of society by further promoting our global natural gas and LNG businesses.

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