Japanese Trading Giant Mitsubishi May Weigh Investment in Alaska LNG ...Middle East

Japan’s trading giant Mitsubishi Corporation could consider a potential investment in the proposed $44-billion Alaska LNG project, Mitsubishi’s Katsuya Nakanishi told Reuters on Thursday, as the U.S. is pitching the benefits of Alaskan energy resources to allies in Asia. Mitsubishi would need careful due diligence before taking any decision on a potential investment in the Alaska project, Nakanishi added. Mitsubishi is one of the five joint venture partners in the LNG Canada project on Canada’s West Coast, which is nearing completion…

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