Mitsubishi Corp. pivots back to natural gas as Iran war slows climate efforts
Iran was
Japan’s trading houses counter geopolitical risks with investment diversification, discipline
Cameron LNG, a U.S.-based joint project with Japanese trading houses Mitsubishi Corp. and Mitsui & Co., is planning to boost production. (Mitsubishi Corp.)
KEIICHI FURUKAWA, KENTO HIRASHIMA and YUI SATO
TOKYO — Mitsubishi Corp. has moved the goalpost for one of its climate goals as energy supply instability pushes Japan’s biggest trading house to expand investment in natural gas and other sources beyond the Middle East.