Japan's Idemitsu to invest $500 million in Australian Midocean to enter LNG business
Published on March 17, 2026.
Japanese company, Idemitsu, plans to invest $500 million in Australian Midocean to enter the LNG sector. The investment agreement is set to be signed by the end of March and is subject to necessary regulatory approvals. The company is currently involved in gas field development projects in Vietnam and natural gas supply operations in North America.
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