Sunday, April 1, 2007

Itochu buys stakes in Gulf of Mexico gas fields

(Reuters) - Itochu, Japan's fourth-biggest trading company, will spend about 25 billion yen on gas development in the U.S. in 2007 alone, Nikkei said.

An Itochu spokesman declined to comment on the spending plan.


Read more at Reuters.com Mergers News

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