Mitsui, the biggest of Japan’s trading houses byenergy production, has nine liquefied natural gas projects on the boil and bigambitions to do more, underpinned by bullish assessments of long-term demand,especially in Asia.
Mitsui defends oil-linked contracts
The president of Mitsui & Co has put up a robust defence of traditional oil-linked gas contracts, saying they provide certainty to project sponsors facing billions of dollars of development costs, the Financial Times reported.