NSW Coal Investment Seminar
Japan Oil, Gas and Metals National Corporation (“JOGMEC”, Chairman & CEO: Tetsuhiro Hosono) in collaboration with the New South Wales (NSW) State Government held the Coal Investment Seminar on 30 September, 2020 and had a lively discussion, which focused on NSW’s new coal policy and the Independent Planning Commission (IPC) reforms.
an inside scene of the seminar
Japan and NSW share a long history of trade involving natural resources such as coal, copper and aluminum. The Hunter Valley in particular holds a place of critical importance in terms of Japan’s energy policy as Japanese power companies have continued to import high quality thermal coal from the area for many years.
As such, JOGMEC Coal Development Department Director General Takashi Ooka gave a talk on the significance of the Japan – NSW coal relationship and the status of the investment etc. by Japanese companies, and an explanation on the following two important state government policies on resources and coal was provided.
(1) The state’s new coal policy: “Strategic Statement on Coal Exploration and Mining in NSW”
（presented by Department of Regional NSW Mr. Michael Wright, Deputy Secretary Mr. Alex King, Executive Director, Resources Policy, Planning and Programs）
The new coal policy announced by the state in June 2020 affirmed coal’s position as an important industry in the future, and introduced the state’s plan to consider up to 8 new sites for release for coal mining.
(2) Information concerning reforms to the IPC
（presented by NSW Department of Planning, Industry and Environment Mr. Mike Young, Executive Director, Energy & Resource Assessments）
The reforms adopted to improve the transparency and consistency within the determination, and efficiency of the review processes of the IPC – an independent decision-making body responsible for determining whether large resource projects are clear to proceed or not.
This was a web-based seminar and thus enabled the hosts to cover today’s latest topics. Participants not only included those based in Japan, but also many others affiliated with Japanese companies based in Australia (Sydney). As a result, there were over 100 seminar participants from Japanese trading, steel, power and resource companies, and there was a lively discussion.
JOGMEC and the NSW State Government signed an MOU in September of 2017 solidifying a comprehensive and strategic partnership between the two entities to promote even greater Japanese investment into NSW. The two entities also held a Coal and Metals Investment Seminar in December of 2019.
We will continue to provide beneficial information based on the needs and opinions of participants through seminars and surveys.
For the latest information on JOGMEC’s Coal Development Department please see our Coal Resource Information website:
JOGMEC Coal Development Department Director General Takashi Ooka
Mr. Michael Wright, Deputy Secretary Resources Policy, Planning and Programs, Department of Regional NSW
Mr. Alex King, Executive Director, Resources Policy, Planning and Programs, Department of Regional NSW
Mr Mike Young, Executive Director, Energy & Resource Assessments, Department of Planning, Industry and Environment
The inquiry about this page.
Coal Development Department, Coal Development Section
Public Relations Division