en.Wedoany.com Reported - Japanese trading company Mitsui is seeking to invest in liquefied natural gas (LNG) projects in the Middle East, the United States, and Australia to meet the growing power demand from data centers.

In an interview with Bloomberg, company CEO Kenichi Hori stated that Mitsui will consider acquiring equity stakes or entering into supply agreements in LNG and natural gas chemical ventures. He noted that as companies seek clean energy to power artificial intelligence infrastructure, market demand for LNG is expanding.

Mitsui told Reuters that the company can provide full-chain support, from energy supply and trading to power infrastructure, for consolidated entities focused on the data center supply chain.

Berkshire Hathaway holds a 10% stake in Mitsui. As one of Japan's five major trading companies, Mitsui's business spans fossil fuel production and trading, renewable energy, and food sectors.

Earlier this month, Kenichi Hori stated that Mitsui hopes to capture upside opportunities in the energy sector while maintaining caution.

Japan, which is highly sensitive to energy import disruptions, has strengthened diplomatic efforts and pledged billions of yen in support to cushion the potential economic shock from a war in Iran and the closure of the Strait of Hormuz.

Kenichi Hori said that Mitsui already holds an interest in the Abu Dhabi National Oil Co's Ruwais LNG export facility and is considering further investments in the Middle East.

Last year, the company signed a long-term agreement with Venture Global to supply 1 million tonnes of LNG annually.

Mitsui is also partnering with Woodside on Australia's North West Shelf project, the country's oldest and second-largest LNG plant.

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