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As a total energy solutions provider, Mitsubishi International Corporation (MIC) leverages parent Mitsubishi Corporation's(MC) vast network of resources across the globe to market a full line of petroleum, gas and carbon-based products. In the Americas, we develop new oil and gas reserves, and provide financing for new and environmentally sustainable energy products. Supplying Clean Energy MC is the major supplier of LNG to Japan, which uses approximately 80% of the current market. Major investment projects in Brunei, Malaysia, Australia, Indonesia and Russia demonstrate our parent company's broad commitment to developing and marketing clean energy sources such as LNG. We work with our partners to ensure that these investments meet the highest standards of environmental stewardship. Currently, we are also working with major oil companies to expand the Atlantic LNG market. Serving Customer Needs In addition to supplying Japan and other nations with crude oil, we also handle thousands of barrels per day of crude oil and coal coke inside U.S. Our California subsidiary, Petro-Diamond, Inc. (PDI), which supplies gasoline and other light products to gas station chains and other customers, also suggests the ways we serve customers in the United States and a variety of other markets. Together with MC we are building a breadth of expertise in carbon and carbon products business, a result of our customers' need to offload the heavy carbon byproducts of their activities. Carbon product sales now account for approximately 20% of revenues as we develop new customers for carbon-related products in the steel industry and elsewhere. |
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