Exclusive: LNG plant engineer Chiyoda to gain $1.4bn lifeline

Mitsubishi and MUFG aim to salvage key Japanese infrastructure exporter

20190505N louisianna chiyoda plant

An LNG plant in Louisiana, U.S., in which Chiyoda suffered heavy losses, is seen. 

YUTA SUGIURA and MASAMICHI HOSHI, Nikkei staff writers

TOKYO -- Japanese trading house Mitsubishi Corp. and MUFG Bank plan to provide more than 150 billion yen ($1.4 billion) to support struggling Chiyoda, one of the world's leading builders of liquefied natural gas plants, Nikkei has learned.

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