Energy Division
Message from the COO
- Executive Officer, COO, Energy Division
- Keizo Torii
The Energy Division strives to expand its earnings base by optimally coordinating the balance among its five strategic business fields: oil and gas exploration and production (E&P), LNG projects, trading, marketing and nuclear fuels.
In fiscal 2008, ended March 31, 2009, the first year of “SG2009,” the division posted record-high earnings mainly atop growth in the resource development sector. This growth itself reflected historically high energy resource prices during the first six months of the year. In contrast, we face adverse economic circumstances in fiscal 2009, with the global economic recession likely to bring declining petroleum demand and lackluster energy resource prices for the year. Notwithstanding this climate, our goal is to stay flexible in our approaches to realize steady profit.
Sources of Strength
• Sustainable expansion of equity interests in reserves and production in the oil and gas E&P sector
• Steady increase in new LNG project participation
• Strong petroleum trading business boasting Asia’s top position in naphtha trading
• The leading share of the Chinese imported LPG market
• Nuclear fuel business centering on an interest in the Republic of Kazakhstan uranium mine project
News & Topics
Peru LNG Project
Strengthening and Expanding Petroleum Trading
Promoting Kazakhstan Uranium Mine Project
