Japan’s second largest oil refiner Idemitsu Kosan has announced a $500 million investment in MidOcean Energy in a bid to enter the global LNG business. Idemitsu’s equity raise in MidOcean forms part of a $1.2 billion equity raise, with funds targeted at expanding LNG projects in Australia, Canada, South America.
| Subscriber content | ||
![]() This content is available only to subscribers please log in below or subscribe now / request a free trial |
||
|
|
||