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Papua New Guinea LNG Project

Papua New Guinea

  • Natural Gas Liquefaction Project in Papua New Guinea

The Papua New Guinea LNG Project, in which Marubeni has participated since November 2011, began shipping LNG cargo in May 2014.
Based on long-term sales and purchase agreements, 6.9 million tons per annum of LNG from the project will be delivered to Japanese electric and gas utilities as well as Chinese and Taiwanese buyers for 20 years.
Since Papua New Guinea is geographically close to Asia and is rich in natural resources, it is expected to strengthen its position as an energy supplier covering the increasing demand for LNG in Asia, especially in Japan. Marubeni will cooperate with JX Nippon Oil & Gas Exploration Corporation, which has been engaged in oil exploration and production in Papua New Guinea for over 20 years, to enlarge businesses in the country

Related News Release
May. 26. 2014
Nov. 14. 2011

Oil and Gas Exploration, Development, and Production

U.S., U.K., and others

  • Platform in U.S. Gulf of Mexico

Marubeni participates in various oil and gas exploration, development, and production activities in U.S., U.K. North Sea, India, Qatar and Russia. Going forward, we are looking to grow in production and reserves through existing projects and new acquisitions in such core areas as U.S. and U.K., as well as development of new business in Asia Pacific, Middle East, Africa, and South America.

Nuclear Power-Related Equipment Sales and Services

Japan

  • Siemens turbine for nuclear power plants in Japan

Marubeni, also with the support of its subsidiary, sells equipment and provides services to nuclear power plants, including installation of large-scale equipment such as replacement of steam turbines. Through sales of safety equipment to nuclear power plants, Marubeni is further contributing to improved safety in nuclear power generation in Japan.

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