Business Services Industry

Mitsui to increase its presence.

Australasian Business Intelligence, July, 2002

ABIX via COMTEX) -- On of Japan's largest trading houses, Mitsui & Company, in increasing its Western Australian petroleum interests. The company is a one-sixth stakeholder in the North West Shelf project. Mitsui & Company is actively seeking additional projects in the Carnarvon and Perth Basins, off Western Australia. It is prepared to share permits though joint ventures with existing titles. Mitsui & Company commenced its operations in Australia in 1985. Mitsui & Company has a strategic investment in the Wandoo hydrocarbon field, off Western Australia..

Publication Date: June 2002

MITSUI AND COMPANY LIMITED

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