Mitsui & Co (JP:8031) has released an update.
Mitsui & Co. has reached a final investment decision on the Ruwais LNG project in the UAE, with an annual capacity of 9.6 million metric tons set to start in 2028. The project, developed with ADNOC and other investors and costing approximately USD 5.5 billion, aims to reduce GHG emissions through innovative E-Drive design and clean power. This investment aligns with Mitsui’s strategy for Global Energy Transition and is anticipated to contribute to a sustainable, low-carbon future while having a minimal impact on their 2025 profits.
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