Tokyo Gas Co. and two other companies are considering bidding for a gas utility that the city of Sendai may sell in April 2010.
“We are studying whether the acquisition will contribute to profit and whether our entrance into the area will benefit locals,” spokesman Naoyoshi Ogake said. Tohoku Electric Power Co. and Japan Petroleum Exploration Co. are also considering the acquisition, Tohoku spokesman Mitsuhiro Takauchi and Japan Petroleum spokesman Shigeyoshi Hasegawa said by phone Thursday.
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