TOKYO ― Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas project in Malaysia, acquiring 10 percent stakes in the Dua and Tiga units of the Malaysia LNG plant.
Operated by Malaysian state-owned energy giant Petronas, Malaysia LNG is one of the world's largest LNG facilities, with a total annual capacity of 29.3 million metric tons from four production units ― Satu, Dua, Tiga and Train 9.