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Financial assistance to Japanese companies

Oil and natural gas exploration and production projects (E&P projects) require huge amounts of investment. JOGMEC provides equity capital to Japanese companies for oil and natural gas E&P projects to mitigate the risks for them. After the commercial discovery of oil or gas reserves, JOGMEC also provides liability guarantees for oil and natural gas E&P projects conducted Japanese companies to support their finance.

Investment Scheme

Investment Scheme

Equity capital

To launch oil and natural gas exploration and development projects by a Japanese company, it usually establishes a project company to operate each project. The project company raises funds for exploration by issuing new stock, and, JOGMEC provides equity capital by purchasing such stock. After a decision for commercial development is made, JOGMECʼs policy is to divest its capital holdings.

Representative Liability Guarantee Scheme

Representative Liability Guarantee Scheme

Liability guarantees

JOGMEC provides liability guarantees to Japanese companies for their finance for oil and natural gas development projects or asset purchases (purchase of oil/gas fi elds). JOGMEC also provides completion guarantees for projects.

Recent examples of our support

Increasing support to LNG projects in Oceania

Oceania is expected to be the largest LNG supply area for the East Asian market. JOGMEC is providing equity capital and liability guarantees to multiple LNG development projects in Australia in which Japanese companies are participating.

Progress of LNG projects in Mozambique

Huge gas fields have been discovered in offshore Mozambique, where a JOGMEC-associated Japanese company is participating in an exploration project. This area is expected to contribute to a stable energy supply for Japan as a major LNG supply base.

JOGMEC E&P Project

JOGMEC E&P Project