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Announcement Regarding Investment in LNG Company MidOcean Energy

NQ Score 56/100

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Frequently Asked Questions

Q: What is the total amount of Shizuoka Gas's investment in MidOcean Energy?
A: Shizuoka Gas Co., Ltd. has decided to invest 100 million US dollars in MidOcean Energy (MOE).
Q: Who established and operates MidOcean Energy, the LNG company Shizuoka Gas is investing in?
A: MidOcean Energy (MOE) is established and operated by EIG, a leading institutional investor specializing in the energy and infrastructure sector.
Q: What kind of LNG projects does MidOcean Energy hold interests in?
A: MidOcean Energy holds a portfolio of interests in LNG projects located in Australia, Canada, Peru, and other regions.
Q: What is the primary benefit for Shizuoka Gas from this investment in MidOcean Energy?
A: This investment provides Shizuoka Gas with indirect participation in an LNG business portfolio, including upstream and midstream sectors, expanding its business scope.
Q: What is the overarching goal of Shizuoka Gas Group with this strategic partnership and investment?
A: The Shizuoka Gas Group aims to expand its natural gas and LNG value chain globally, from upstream to downstream, and establish a balanced business portfolio.