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Freeport LNG Buyer Osaka Gas Taking Stakes in Sabine Oil Haynesville Acreage

Freeport LNG Buyer Osaka Gas Taking Stakes in Sabine Oil Haynesville Acreage

Japan’s Osaka Gas Co. Ltd., which has agreements to buy liquefied natural gas (LNG) from the Freeport LNG project on the Texas coast once it ramps up, on Friday agreed to put more skin in the game through a $144.5 million deal with Houston-based Sabine Oil and Gas Corp. to buy into a gassy Haynesville Shale project.

June 29, 2018