Mitsubishi setting up third LNG terminal

ISLAMABAD: A delegation of Mitsubishi corporation and diamond gas international led by Mitsubishi senior vice president Kimihidi Ando called on prime minister (PM) Shahid Khaqan Abbasi on Monday, Mitsubishi is undertaking several joint ventures in Pakistan and is also setting up Pakistan’s third liquefied natural gas (LNG) terminal.

According to an official statement, Ando thanked Abbasi for Pakistan’s support to Mitsubishi corporation’s operations in Pakistan and expressed the desire to further expand investment in “energy projects”.

He said that his company is one of the largest trading companies of Japan and is among the world’s leading infrastructure development, logistics, energy, metals, machinery, chemicals, household appliances producer.

Abbasi appreciated Mitsubishi corporations’ diverse investment in Pakistan and apprised the delegation that Pakistan has achieved improved law and order situation that has boosted the confidence of local and foreign investors.

Special assistant to PM Ali Jehangir Siddiqui and senior government officials were present during the meeting.