TOKYO: Japanese trading house Mitsui & Co plans to sell its remaining stakes in coal-fired power stations by the end of the decade as it shifts to gas from coal to help achieve its 2050 net zero emission target, its chief executive told Reuters.
"With the COVID-19 crisis, we have postponed investment in a few upstream oil deals, but our liquefied natural gas projects are on track," he said. Outside of energy and resources, Mitsui is betting on healthcare, especially through Malaysian hospital operator IHH Healthcare Bhd of which it owns 32.9 per cent.
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