• Bloomberg


Japan Energy Corp., the oil refining unit of Nippon Mining Holdings Inc., said Thursday it is holding talks with Osaka Gas Co. and Itochu Corp. to combine their liquefied petroleum gas businesses.

The companies aim to complete talks for an LPG business merger by Sept. 30, Japan Energy said in a statement on its Web site. Itochu may take on the role of importing gas for the new alliance, Japan Energy said.

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