{"id":283920,"date":"2019-07-23T06:00:19","date_gmt":"2019-07-23T06:00:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283920"},"modified":"2019-07-23T06:00:19","modified_gmt":"2019-07-23T06:00:19","slug":"osaka-gas-jbic-invest-100-million-to-take-minority-stake-in-agp","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/osaka-gas-jbic-invest-100-million-to-take-minority-stake-in-agp\/","title":{"rendered":"Osaka Gas, JBIC invest $100 million to take minority stake in AG&amp;P"},"content":{"rendered":"<p>Japan\u2019s Osaka Gas and JBIC have invested about USD 100 million in AG&amp;P, which recently won a license to retail gas in some Indian cities and has plans to build an LNG import terminal on the east coast. \u201cAGP International Holdings Pte Ltd (AG&amp;P) has received a major equity investment from two Japanese institutions to support AG&amp;P\u2019s success in innovating and disrupting the global natural gas value chain,\u201d the company said in a statement.<\/p>\n<p>Osaka Gas Co Ltd, through its affiliate Osaka Gas Singapore Pte Ltd (Osaka Gas), and the Japan Bank for International Cooperation (JBIC) have invested in \u201ca minority stake in AG&amp;P,\u201d it said without saying the quantum of equity stake picked up by the two. AG&amp;P said the capital will be used to execute multiple initiatives worldwide, including the development and roll-out of its city gas distribution business in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan\u2019s Osaka Gas and JBIC have invested about USD 100 million in AG&amp;P, which recently won a license to retail gas in some Indian cities and has plans to build an LNG import terminal on the east coast. \u201cAGP International Holdings Pte Ltd (AG&amp;P) has received a major equity investment from two Japanese institutions to support AG&amp;P\u2019s success in innovating and disrupting the global natural gas value chain,\u201d the company said in a statement. Osaka Gas Co Ltd, through its affiliate Osaka Gas Singapore Pte Ltd (Osaka Gas), and the Japan Bank for International Cooperation (JBIC) have invested in \u201ca [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-283920","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283920"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283920\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}