TOKYO -- A joint venture involving Japanese trading houses Mitsui & Co. and Mitsubishi Corp. on Monday opened the third and final unit of an American plant to produce liquefied natural gas, in a milestone for Japan's energy supply.
The completed plant in the state of Louisiana will raise U.S.-based Cameron LNG's annual capacity by about 50% to 12 million tons, of which around 4 million tons is for export to Japan. This equates to roughly 5% of Japan's total LNG imports.