Mitsubishi Corp. will expand its investment in the Malaysian liquefied-natural-gas plant operated by the country's state-owned oil company, Petroliam Nasional. The Japanese conglomerate signed an agreement with Petronas to extend its 10% interest in Malaysia LNG Dua over the next decade and reinvest in Malaysia LNG Tiga with a 10% stake,

Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.