Mitsubishi Corporation acquires 10% stake in Malaysia LNG Dua and Tiga, aiming to boost LNG delivery to Japan.

Mitsubishi Corporation has expanded its 46-year partnership with Petronas by acquiring a 10% stake in Malaysia LNG Dua and Tiga, aiming to bolster liquefied natural gas (LNG) delivery to Japan. This investment spans a decade, with plans to increase LNG production capacity from 1.4 million to 2.2 million tonnes annually. Mitsubishi is also involved in various sectors in Malaysia, promoting a vision for cleaner energy and enhanced energy security amid market fluctuations.

September 26, 2024
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