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Mitsui & Co. seeks LNG investments across Middle East, US, and Australia to meet data center power demand

Japan Times Tech5d ago1 min read
Mitsui & Co. seeks LNG investments across Middle East, US, and Australia to meet data center power demand

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3 Key Points

  1. 1

    Mitsui CEO Kenichi Hori said the trading house is looking to invest in liquefied natural gas (LNG) projects and would consider taking equity stakes or securing offtake agreements.

  2. 2

    Companies powering artificial intelligence infrastructure with clean energy are creating "big additional demand" for LNG, according to Hori.

  3. 3

    Mitsui positions itself to meet rising power demand from data centers worldwide through LNG and gas chemicals expansion.

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