The source says that Mitsubishi Corp has 8 billion dollars in the United States.

(Reuters) -A person familiar with the matter said on Monday that (Reuters) -Mitsubishi Corp is holding talks to obtain American AETHON Energy Management for about $ 8 billion.

The deal will give the Japanese bloc a major natural gas process next to the American Gulf coast and the energy export facilities that are being developed along it.

The source, who warned that there is no guarantee that it will be agreed that the talks between Mitsubishi and Aheon will agree to not be identified to discuss secret deliberations.

While the assets are owned and managed by the American energy -focused investment company, his fellow money managers are Redbird Capital Partners and the Ontario Teachers’ Plan in Canada, also holding large shares.

Mitsubishi, Atehon, Redbird and Ontario pension plan refused to comment.

The shares in Mitsubishi decreased in trading early on Tuesday in Tokyo after the news, a decrease of 0.3 % to 2,880 yen, compared to an increase of 0.3 % in the broader NIKKEI 225 index.

Mitsubishi is a major player in the global liquefied natural gas sector, participating through a full value chain – from upstream production to trading, marketing and logistical services. It carries property rights in many liquefied natural gas projects all over the world, including risks in Malaysia, Oman, Australia, Russia, the United States and Canada, with the total LNG production of about 13 million metric tons annually.

Atehon origins are on the source, which mainly focuses on the formation of the Heinzville oil rock in Louisiana and East Texas, one of the largest American gas producers.

Reuters reported in November that Athon was exploring options for its operations, which also includes more than 1400 miles (2,250 km) of pipelines across the Heinzville and Woewang basin, where Atehon also has some production assets.

Bloomberg News earlier on Monday reported talks between Mitsubishi and Etoon, citing people familiar with the matter.

(Participated in the French David reports in New York; additional reports by Yuka Obishi in Tokyo; edited by Alison Williams and Moralikomar Anangamman)