It is important for Japan to expand the supply capacity of coal-producing countries and acquire new coal resources because Japan deeply depends on coal from foreign countries. JOGMEC conducts surveys on coal development and related projects in addition to organizing exploration projects jointly with the governments of coal-producing countries, foreign companies, and national corporations to help Japanese companies develop coal resources smoothly and efficiently.
Joint survey with foreign companies(Joint venture survey)
JOGMEC organizes joint exploration projects by designating foreign companies, including Japanese subsidiaries, as the project partners, and conducts geological, geophysical and drilling surveys with the partners and summarizes the results. If the result is promising and Japanese companies show strong interest in them, JOGMEC invites them for bids and transfers JOGMEC’s option rights to acquire benefits, e.g. JV interest, marketing right, offtake right, under the joint exploration agreement to the successful bidder. It contributes to reduce the risk involved in developing coal resources for Japanese companies.
Scheme of JV surveys
Major recent achievements
JOGMEC organizes joint exploration projects by designating foreign companies, including Japanese subsidiaries, as the project partners, and conducts geological, geophysical and drilling surveys with the partners and summarizes the results. If the result is promising and Japanese companies show strong interest in them, JOGMEC invites them for bids and transfers JOGMEC’s option rights to acquire benefits, e.g. JV interest, marketing right, offtake right, under the joint exploration agreement to the successful bidder. It contributes to reduce the risk involved in developing coal resources for Japanese companies.
Coal JV survey with Australian company
Joint survey with government agencies of coal-producing countries
JOGMEC conducts joint surveys with the government agencies of coal-producing countries, and analyzes coal resources and geological structures of the coal layers to assess the potential for resource exploration, confirming the presence and extent of coal resources in high-risk areas where private companies cannot easily explore by themselves. JOGMEC contributes to securing a stable coal supply for Japan by acquiring benefits for the entry of Japanese companies from the government agencies of coal-producing countries as well as facilitating future development of such coal resources. JOGMEC conducts surveys in highly expected countries by Japanese companies in addition to in key areas such as in Southeast Asia and Africa.