Mitsui's oil and gas investments

Mitsui has investments in oil and gas projects, and trades and markets a number of fuel products.
Mitsui E&P Australia has interests in four producing oil and gas projects in Australia.
Mitsui is also an investor in Western Australia's North West Shelf liquefied natural gas (LNG) project, through a 50:50 joint venture with Mitsubishi Corporation (Japan Australia LNG Pty Ltd). Our joint venture holds a one-sixth stake in the project.

Callide Oxyfuel Project

Mitsui invested and participated in the Callide Oxyfuel Project in Central Queensland, a public-private collaborative initiative by Japan and Australia to promote carbon capture and storage.
The Callide Oxyfuel Project involved retrofitting oxyfuel and carbon capture technology to the Callide A Power Station in Queensland and testing the technology under ‘live’ power station conditions for more than two years. The demonstration of the technology was completed successfully in March 2015. 
The engineering and commercial knowledge gained through this trial will be used in feasibility studies for the future deployment of the technology, that when combined with geological storage, has the potential to almost completely eliminate C02 emissions from coal fired power stations.