Japanese firms launch $21bn LNG acquisition spree to secure US gas

Japanese trading houses and utilities are executing a $21bn wave of acquisitions and investments targeting US shale gas assets on the Gulf Coast, aiming to lock in LNG supply amid global market volatility. The move reflects Japan's strategic push to diversify away from Middle East dependence and secure long-term energy security. The scale and speed of the deal spree signal a structural shift in Japan's energy procurement strategy, with implications for global LNG pricing and US-Japan energy ties.

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