the new role of jogmec in the lng business
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The New Role of JOGMEC in the LNG Business. 10th September, 2013 Hirobumi Kawano JOGMEC. JOGMEC’s Activities. Japan Oil, Gas and Metals National Corporation (JOGMEC) Established : February 29, 2004 [succeeded the functions of Japan National Oil Corporation(JNOC) ] - PowerPoint PPT PresentationTRANSCRIPT
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The New Role of JOGMECin the LNG Business
10th September, 2013Hirobumi Kawano
JOGMEC
Metals Strategy & Exploration, and
Technology Development
Mine Pollution Control
StockpilingOil & Gas UpstreamInvestment and
Research & Development
MissionSecuring Stable Supply of Oil, Natural Gas and Mineral Resources for Japanese Industries and Citizens
Japan Oil, Gas and Metals National Corporation (JOGMEC)Established: February 29, 2004 [succeeded the functions of Japan National Oil Corporation(JNOC)]President: Hirobumi KawanoCapital: 502 Billion Yen (As of March, 2013) = around 5.02Billion US$ (100US$/Yen)
Activities
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Coal Strategy & Exploration,
andTechnology Development
Geothermal Resources
Development(limited in Japan)
JOGMEC’s Activities
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Equity Capital (41)Liability Guarantee (13)
Tangguh LNG Project
Abadi LNG Project
PNG LNG Project
Wheatstone LNG Project
Rovuma Offshore Area
1 Project
Cordova Shale Gas Project
Cutbank Dawson Shale Gas Project
(As of August 31, 2013)
Ichthys LNG Project
Gas Projects
JOGMEC’s E&P Projects
Horn River, Cordova, Liard Shale Gas ProjectNorth Montney Shale
Gas Project
Increase of the asset value of the project• Cost reduction• Production increase
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4 projects in the west of Canada Joint study with Mitsubishi and Encana
JOGMEC’s Activities in Canada
Mitsubishi Corp.
Cordova Basin
Mitsubishi Corp.Cutbank
Dawson Land
INPEXHorn River, Cordova,
Liard
JAPEXNorth
Montney Land
• Core Analysis• Geomechanics• Seismic
Technological SupportFinancial Support
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Rovuma Offshore
Area1
Rovuma Offshore Area2 &
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2 projects offshore Mozambique Human resources development
JOGMEC’s Activities in Mozambique
• Workshops for the Steering Committee (Mozambican Gov’t) Lectures on LNG business
• Training courses in Japan Drilling management Reservoir engineering LNG engineering
P50:35-65Tcf
Technological SupportFinancial Support
(38 Mozambican peopleas of August 31, 2013)
6The first methane hydrate offshore production test in March, 2013
Methane Hydrate Offshore Production Test
BSR (MH concentrated zones are confirmed partially by detailed surveys) BSR (Characteristics of MH concentration are suggested in some areas) BSR (Characteristics of MH concentration are not recognized) BSR (Surveys are insufficient for the evaluation of MH)
Test site
Thank you for your attention.
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