Energy Division-I
Message from the COO
- Managing Executive Officer, COO, Energy Division-I
- Keizo Torii
Energy Division-I is seeking to enhance its earnings base and develop new business domains in three primary business fields: LNG, oil and gas trading, and oil and gas marketing.
In the LNG sector, the division, in addition to promoting existing projects and participating in new ventures, is working to expand LNG trading. In trading, the division is leveraging bases worldwide to develop global trade, while consistently striving in marketing to devise inventive ways to take advantage of its strengths in logistic networks to win out against the competition.
Sources of Strength
• More in-depth LNG business through start of operations in Peru and trade expansion
Operations continue to progress smoothly at LNG projects in Qatar and Equatorial Guinea. Meanwhile, full production was reached at the Peru LNG Project, where stable operations continue since the start of initial shipments in June 2010.
Furthermore, the division is focused on initiatives designed to broaden trade in order to meet increased global demand for LNG in the future.
•Strong petroleum trading business boasting Asia’s top share in naphtha trading
The division is involved in the global trading of oil and petroleum products from key bases in Japan, Singapore, the United States and the United Kingdom. Particularly for naphtha and other petrochemical feedstocks, the division boasts the top trading share in Japan and the entire Asia region.
• Oil and gas marketing business that meets customer needs with a diverse service menu
Through operating companies worldwide, the division is engaged in the sale of petroleum products and LPG, utilizing a distribution network consisting of import terminals, service stations, and LPG retailers. Similarly, the division conducts the sale of LNG and fuel oil used for power generation to electric power companies.
Going forward, the division remains committed to offering distinctive, high-value-added services to customers.
News & Topics
Start of Shipments at Peru LNG Project
Mitsui Marubeni Liquefied Gas Completes LPG Business Integration
Participation in Development Project with U.S. Shale Oil
