TG Natural Resources LLC, jointly owned by Tokyo Gas and Castleton Commodities International, has acquired a 70% stake in east Texas gas assets from Chevron for $525 million. This move is part of their expansion in the U.S. gas market. Currently the fourth largest producer in the Haynesville shale basin, TGNR expects synergies exceeding $170 million during the asset's development. The strategic location of the Haynesville basin makes it favorable for LNG exports, aligning with U.S. President Donald Trump's goal to boost gas exports. Tokyo Gas aims to enhance coordination between its LNG trading and shale gas operations in the U.S. to capitalize on the potential of shale gas as a key revenue source in the future.