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.]