Sempra Infrastructure And Leading Japanese Consortium To Develop Carbon-Neutral Gas Production And LNG Supply Chain
Portfolio Pulse from Benzinga Newsdesk
Sempra Infrastructure, a subsidiary of Sempra (NYSE:SRE), has announced an agreement with a consortium of Japanese companies including Tokyo Gas Company, Osaka Gas Company, Toho Gas Company, and Mitsubishi Corporation. The agreement is for the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.
August 30, 2023 | 10:55 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Sempra's subsidiary, Sempra Infrastructure, is partnering with a Japanese consortium to evaluate a carbon-neutral gas production project. This could potentially enhance Sempra's portfolio and position in the energy market.
The partnership with the Japanese consortium could potentially open new opportunities for Sempra in the energy market. The focus on carbon-neutral gas production aligns with global trends towards cleaner energy sources, which could enhance Sempra's market position and potentially positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100