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Mitsui sees "certain progress" in Mozambique LNG project by end-March-CFO

Published 02/11/2016, 05:42 pm
Updated 02/11/2016, 05:50 pm
© Reuters.  Mitsui sees "certain progress" in Mozambique LNG project by end-March-CFO
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TOKYO, Nov 2 (Reuters) - Japanese trading firm Mitsui & Co 8031.T expects "certain progress" in its LNG project in Mozambique by the end of the current financial year to March 31, CFO Keigo Matsubara told a news conference on Wednesday, without elaborating.

No decision has been made on the future of Hazelwood coal-fired power plant in Australia, he added.

Its French partner, Engie ENGIE.PA , said last month it would soon decide what to do with the plant.

The 1.5 GW plant - which produces 5.4 percent of Australia's power - is one of the world's most polluting power stations, environmental groups say.

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