Marubeni participates in global LNG projects in Equatorial Guinea, Peru, and Papua New Guinea. Marubeni will continue to work on the smooth operation of existing LNG projects, while also focusing on the pursuit of investment opportunities, expanding trading operations, and participating in the Gas to Power business, which provides a full spectrum of services from the supply of natural gas to power generation equipment installation, to respond to the increasing global demand for LNG, and strengthening our comprehensive approach from sourcing to delivery.
Marubeni is involved in oil and gas exploration, development, and production activities in countries like the U.S. and India. We will focus on maximizing the value of our assets through appropriate cost management and the streamlining of business.
Marubeni conducts importation and third country trade in crude oil, petroleum products, LNG, LPG, and decarbonized fuels (biofuels, SAF, etc.). Furthermore, our leading subsidiaries, such as MIECO (U.S.) and MIPCO (Singapore), are expanding their business overseas. In our marketing operations, we engage in the sale and storage of petroleum products and LPG by utilizing our distribution network through subsidiaries such as Marubeni Energy Corporation, Marubeni Ennex, and ENEOS GLOBE Corporation. Marubeni will continue to expand its business by providing high-value added services.
In the nuclear energy sector, Marubeni offers total solutions by engaging in initiatives across the entire nuclear fuel cycle and supply chain. Our operations encompass all aspects of the fuel cycle, including uranium trading, and we are actively involved in uranium production projects in Kazakhstan. Through the provision of specialized equipment and services, we strive to enhance power plant safety, optimize operational efficiency, and address decommissioning challenges. Additionally, we are pioneering initiatives in radioisotope management and in the field of nuclear fusion, a promising next-generation energy source.
We partner with businesses in Japan and overseas to support GHG reduction activities and generate carbon credits, as well as trade carbon credits globally. Through these activities, we will contribute to global GHG reduction efforts.
