LogIn LogOut

Japan's Mitsui Eyes Alaska LNG Project

February 4, 2025

© AA+W / Adobe Stock
© AA+W / Adobe Stock

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)

Current News

SLB Names Raman CSO, CMO

SLB Names Raman CSO, CMO

Eco Wave Finds Partner for Wave Energy Project in India

Eco Wave Finds Partner for Wave Energy Project in India

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

ADNOC Secures LNG Supply Deal with India's BPCL

ADNOC Secures LNG Supply Deal with India's BPCL

India Set to Launch Oil and Gas Licensing Later This Week

India Set to Launch Oil and Gas Licensing Later This Week

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

US SEC asks India for help in Adani Fraud Probe
Sources say that Taiwan's CPC Corp. offers March jet fuel as a rare offer.
Dalian Iron Ore continues to gain on the expectation of improved China demand
https://accounts.newwavemedia.com