Japan's Mitsui Eyes Alaska LNG Project

Tuesday, February 4, 2025

Japanese trading house Mitsui could consider studying a project to liquefy natural gas (LNG) in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday.

Japan is considering offering support for a $44-billion gas pipeline in Alaska as it seeks to court U.S. President Donald Trump and forestall potential trade friction, sources told Reuters last week.

Shigeta said he hoped a meeting expected this week between Prime Minister Shigeru Ishiba and Trump would help enhance Japan's presence in the United States, reaffirming its role as the latter's largest source of investment.

Asked about the reported LNG development in Alaska, Shigeta said it was a natural candidate for consideration, presenting a valuable opportunity because of its proximity to Japan and other Asian countries.

"But we have nothing we can talk about now, including our policy," he added.


(Reuters - Reporting by Yuka Obayashi; Writing by Katya Golubkova; Editing by Christopher Cushing and Clarence Fernandez)

Categories: Offshore LNG Industry News Activity Asia North America Oil and Gas

Related Stories

Eni Inks Long-Term Indonesia LNG Supply Agreements

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Oil Jumps 4% After Trump Rejects Iran’s Peace Response

Bureau Veritas Expands Offshore Services with New Asia Hub

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

US-Israel War on Iran Creates Biggest Energy Crisis in History

China Calls for De-Escalation as US Threatens Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

IEA: Current Oil And Gas Crisis Exceeds Past Shocks Combined

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Current News

Eni Inks Long-Term Indonesia LNG Supply Agreements

Indonesia Locks In LNG Supplies from Inpex' Abadi and Eni’s South Hub

Wood Secures Subsea Design Scope on QatarEnergy’s Bul Hanine Redevelopment

Oil Prices Rise as Iran Talks Stall and Inventories Shrink

Indonesia Puts 13 Oil And Gas Blocks on Bidding Round Offer

BP Adds Three Exploration Blocks off Indonesia

Indonesia Signs Eight Oil and Gas Contracts

Inpex Inks Abadi LNG Gas Supply Deal With Indonesian State Firms

Energean Cuts 2026 Output Forecast After Israel Shutdown

Wison Starts Topsides Fabrication for Türkiye’s Sakarya Deepwater FPU

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com