TOP >
Business Activities > Domestic Activities
 |
|
| To ensure sustained
growth in domestic operations, the company’s core business,
JAPEX’s basic strategy is to increase reserves of highly
cost-competitive domestic crude oil and natural gas. Guided
by a policy of comprehensively reviewing domestic E&P
potential, JAPEX is working to increase reserves of crude
oil and natural gas in Japan. It has positioned the five
years from fiscal 2004 as a period for actively exploring
and developing reserves. JAPEX’s basic strategy is to effectively and systematically combine two approaches: conduct E&P that can add reserves in areas near existing oil and gas fields in Niigata, Akita and Hokkaido, and in parallel, discover large reserves in new frontier areas. |
|
 |
 |
| Production wells, Higashi-Niigata gas field | Drilling operation by 1625-DE rig |
 JAPEX is engaged in a concerted effort to establish and utilize a supply system that seamlessly and efficiently integrates services and facilities. This integrated system extends from the upstream sector of the natural gas business (E&P) through the mid-stream (transmission and storage) to downstream (supply to large users and local distribution companies, or LDCs). JAPEX is also working to supply LNG to customers in geographic areas not reached by our gas pipeline network. Leveraging our LNG Satellite System, we ship LNG using tanker trucks and railway tank containers, endeavoring to supply natural gas to a broader base of customers. At the same time, to expand supplies to users in Hokkaido, work has started on expansion of the second train at the Yufutsu LNG plant.
|
 |
 |
 |
