Mitsubishi to Invest $70 Million in Yetagun

Description: 

Japanese trading company Mitsubishi Corporation has announced that it will provide US $70 million to build a floating storage offloading FSO facility for the Yetagun offshore oil and natural gas project in Burma by the end of July. [Nippon Oil, holder of 20% in Yetagun, merged with Mitsubishi Oil in April 1999 to form Japan?s biggest oil company, the Nippon-Mitsubishi Oil Corporation(NMOC) known also as Nisseki Mitsubishi Oil Corp.]

Source/publisher: 

"The Irrawaddy", Vol. 8. No. 7

Date of Publication: 

2000-07-00

Date of entry: 

2003-06-03

Grouping: 

  • Individual Documents

Category: 

Language: 

English

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