top of page

JAPAN'S MITSUI CLOSE TO BUYING STAKE IN QATAR LNG PROJECT

  • NEWS Desk Global
  • 8 hours ago
  • 1 min read

Japan's Mitsui & Co is close to buying a stake in the second phase of QatarEnergy's massive North Field project as it seeks to secure stable liquefied natural gas (LNG) supply, five sources close to the matter told Reuters.

If reached, the deal would bolster Japan's energy security as it looks to meet an increase in electricity demand from the artificial intelligence boom with conventional fuels, since adoption of renewable power is slowed by delays at wind power projects.

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page