Marubeni Corporation acquired a 21% interest in Merlin Petroleum Company (hereinafter “Merlin”) held by JX Nippon Oil & Gas Exploration (currently ENEOS Xplora Inc.) in 2011.
Merlin holds oil and gas interests in Papua New Guinea including interests in the country's first LNG project.
The PNG LNG Project utilises gas produced from the fields in which Merlin participates and other oil and gas fields in Papua New Guinea.
LNG Production Capacity: 8.5 million ton per annum
Start Production: 2014
LNG Buyers: Long-term sales and purchase agreements for 6.6 million ton per annum of LNG from the project have been executed with internationally reputable LNG buyers in Japan, China and Taiwan for 20 years.
Location: Transport of natural gas from the oil and gas fields located in the Southern Highlands Province and Western Province in the central PNG to a liquefaction plant under construction near Port Moresby, through over 750km of pipelines.
Dampier Salt
Shareholders :
22% Marubeni Corporation 68% Rio Tinto 10% Sojitz
Dampier Salt, located in Western Australia and comprising of 2 solar salt operations – Dampier and Port Hedland – is the world’s largest exporter of seaborne salt, harvesting high quality salt since first shipment of 19,000 tonnes to Japan in April 1972.
Between the 2 operations there are 53 ponds across 20,000 hectares, operated by a 99% residential workforce. Sodium chloride is a key ingredient in many renewable energy products. For example, electric cars can require 200-600 kilograms of salt in their batteries.
Dampier Salt has annual production capacity of approximately 10 million tonnes including Lake Macleod operation which has been sold to a third party in December 2024.
