Mitsui Eyes Global LNG Deals to Power the AI Data Center Boom

Japanese commodities major Mitsui is looking for investment opportunities in liquefied natural gas to secure the long-term supply of electricity for the booming data center industry.

The company will be looking for either equity stake acquisitions or offtake agreements, the chief executive of Mitsui said as quoted by Bloomberg.

“Without securing energy, it is impossible to implement solutions,” Kenichi Hori told the publication in the context of plans to establish a business entity entirely focused on supplying electricity to the tech…