Marubeni participates in LNG projects in Equatorial Guinea, Peru, and Papua New Guinea. By ensuring safe operations, pursuing investments, and expanding trading activities, we are strengthening our integrated upstream-to-downstream LNG business to meet growing global demand. In the United States, MIECO is expanding our natural gas value chain through nationwide natural gas trading and marketing, leveraging with our upstream interests and long-term LNG offtake.
Marubeni conducts oil and gas development and production operations primarily in the United States and India. While continuing to ensure the safe operation of our existing businesses, we are focused on enhancing asset value through appropriate cost management and operational efficiency at each of our interests. Natural gas, in particular, has regained recognition as a key energy source in the transition to a decarbonized society, and we will continue to conduct pertinent and timely reviews of our energy portfolio.
In the trading business, Marubeni handles imports and intermediate trade of crude oil, petroleum products, petrochemicals (olefins), and LPG. We are also expanding overseas commercial flows and functions through trading entities including MIECO (U.S.), MIPCO (Singapore), and MEEL (U.K.), as well as other major overseas offices. In logistics and marketing, we engage in the sales and storage of petroleum products and LPG through Group companies such as Marubeni Energy, Marubeni Ennex, and ENEOS GLOBE. Marubeni will continue to expand this business by providing high value-added services going forward.
In the low-carbon ammonia sector, Marubeni pursues offtake opportunities and conducts marketing activities in promising regions worldwide. Additionally, in the SAF sector, we leverage Marubeni Ennex’s existing infrastructure to source, supply, and market SAF and to promote the attainment of SAF environmental certificates. In the field of environmental value, we engage in the sourcing, marketing, and project development of compliance credits and high-value voluntary credits.
Marubeni is strengthening its presence across the entire nuclear fuel cycle and supply chain to provide total solutions. Not only do we engage in all aspects of the cycle, including uranium trading, we also participate in uranium production projects in Kazakhstan, work to enhance power plant safety and operational efficiency, and support decommissioning through the provision of related equipment and services. Additionally, we are advancing initiatives in the handling of radioisotopes and in nuclear fusion, which is expected to play a role as a next-generation energy source.
Through Group companies such as Marubeni Innovexis, we are expanding our global sales network in areas such as the chlor-alkali chain, synthetic resins, electronics, specialty chemicals, and inorganic chemicals by collaborating with leading suppliers. Leveraging our customer base and industry expertise, we also continue to pursue the development of new business models across a wide range of fields.
