Mitsui is involved in multiple stages of energy value chain, such as exploration, development, production, and trading and marketing. We pursue the development of a well-balanced energy portfolio including next generation energy and carbon solutions aiming for Net-zero by 2050.

LNG/natural gas is one of the core businesses of our Energy Business. Mitsui is an investor in North West Shelf liquefied natural gas (LNG) project and Browse Natural Gas Development project in Western Australia, through a 50:50 joint venture with Mitsubishi Corporation Japan Australia LNG (MIMI) Pty. Ltd. (“JALMIMI”).

Mitsui has been engaged in exploration, development, and production of oil and gas through Mitsui E&P Australia Pty Ltd (MEPAU), a wholly owned subsidiary of Mitsui.

In next generation energy sector, Mitsui invested in a renewable hydrogen project in Pilbara, Western Australia in 2022 aiming for establishing an industrial-scale clean hydrogen production project in Australia.

Mitsui is also engaged in carbon credits (ACCUs) business in Australia through investment in Climate Friendly, who is a carbon farming project services-provider and Outback Carbon, who creates carbon credits through afforestation in Western Australia.

As part of its energy solutions business, Mitsui is actively engaged in CCS projects. MEPAU is leading Cygnus Hub CCS project to evaluate carbon capture, transport and storage in the Mid West of Western Australia. We participate in Angel CCS through JALMIMI to assess commerciality of the project.

Mitsui is accelerating its initiatives in energy transition by leveraging existing core businesses and our extensive business networks.