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May 24, 2015 2:42 PM ET

Energy Equipment and Services

Company Overview of The Japan Oil, Gas and Metals National Corporation

Company Overview

Japan oil, Gas and Metals National Corporation provides financial assistance, technology development and technical support, stockpiling, gathering/providing information, mine pollution control, and overseas field survey services in Japan and internationally. The company offers financial assistance for oil and gas exploration and production projects, as well as for exploration and development of metallic mineral resources through equity capital and liability guarantees. It also manages stockpiling of petroleum, LP gas, and rare metals, including the construction of stockpiling bases. In addition, the company provides oil recovery, oil and gas reservoir detection and characterization, well dri...

Toranomon Twin Building

2-10-1 Toranomon

Minato-ku

Tokyo,  105-0001

Japan

Founded in 1963

481 Employees

Phone:

81 3 6758 8000

Fax:

81 3 6758 8008

Key Executives for The Japan Oil, Gas and Metals National Corporation

Executive Director
Executive Director
Executive Director
Executive Director
Compensation as of Fiscal Year 2014.

The Japan Oil, Gas and Metals National Corporation Key Developments

Japanese Companies Eye Yamal LNG Stake

Private Japanese companies are interested in acquiring a 9% stake in JSC Yamal LNG from Joint Stock Company NOVATEK (LSE:NVTK), a high-ranking representative of The Japan Oil, Gas and Metals National Corporation (JOGMEC) told PRIME. “Yes, Japanese companies are interested in entering the Yamal LNG project," he said. “JOGMEC, as a state company cannot finance the project directly due to sanctions. But we are ready to provide financing to private Japanese companies," the representative said.

Altitude Resources Inc. Enters Joint Exploration Agreement with Japan Oil, Gas and Metals National Corporation to Explore Palisades Metallurgical Coal Project in West Central Alberta, Canada

Altitude Resources Inc. announced a joint venture arrangement with Japan Oil, Gas and Metals National Corporation (JOGMEC) whereby JOGMEC can acquire up to 51% interest in the Palisades Coal Project by investing CAD 4.8 million in exploration expenditures over a three year period. The Palisades Property is located approximately 40 kilometres northwest of Hinton, Alberta. The Palisades property is in close proximity to CN rail’s mainline which services the Grande Cache mine to the northwest. The Joint Exploration Agreement is based on three Farm–In Periods which are tied to specific funding milestones. During the First Farm-in Period (2015), JOGMEC shall contribute CAD 1,500,000 towards exploration on the Palisades Project. During the Second Farm-In Period (2016), JOGMEC shall contribute CAD 1,500,000 towards exploration on the Palisades Project. This will earn JOGMEC an unencumbered right, title and benefit to 31.875% of the Joint Venture Property. During the Third Farm-In Period (2017) JOGMEC shall contribute CAD 1,800,000 towards exploration on the Palisades Project.

JOGMEC Presents at Mining Indaba Conference, Feb-11-2015 05:20 PM

JOGMEC Presents at Mining Indaba Conference, Feb-11-2015 05:20 PM. Venue: Cape Town, South Africa. Speakers: Takashi Ooka, General Manager, Botswana Geologic Remote Sensing Center.

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