Mitsui & Co And Mitsubishi Corp Will Work With U.S.-Based Sempra Infrastructure To Sell Liquefied Natural Gas Made Via Process That Generates Up To 90% Less Carbon Dioxide; Mitsui And Mitsubishi In Talks To Sell LNG To Japanese Electricity And Gas Companies; Look To Begin Production Around 2029 At A Major LNG Facility In Louisiana
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Mitsui & Co and Mitsubishi Corp are collaborating with U.S.-based Sempra Infrastructure to sell liquefied natural gas (LNG) that generates up to 90% less carbon dioxide. They are in discussions to sell this LNG to Japanese electricity and gas companies, aiming to start production around 2029 at a major LNG facility in Louisiana.
April 12, 2024 | 3:14 pm
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Sempra Infrastructure, a part of Sempra Energy, is partnering with Mitsui & Co and Mitsubishi Corp to sell low-carbon LNG, aiming for production in 2029 in Louisiana.
The partnership with Mitsui & Co and Mitsubishi Corp to sell low-carbon LNG is likely to enhance Sempra Infrastructure's market position in clean energy, potentially leading to positive investor sentiment and an increase in stock price in the short term.
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