Nippon Yusen, Japan's biggest shipping company, is in talks with Tokyo Electric Power Co and trading house Mitsubishi Corp to buy a stake in Australia's Wheatstone gas project, a Nippon Yusen spokesman said on Wednesday, Reuters reports.
The Japanese government and Japanese companies will jointly buy a 10 percent stake in the gas field in Western Australia for about 350 billion yen ($4.37 billion), the Nikkei business daily reported on Wednesday.
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