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Notice Regarding Participation in Investment in LNG Business Company

NQ Score 56/100

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Frequently Asked Questions

Q: What is the total amount of Shizuoka Gas's investment in the LNG business company?
A: Shizuoka Gas Co., Ltd. has decided to invest US$100 million into MidOcean Energy (MOE).
Q: Who is operating the fund through which Shizuoka Gas is investing in MOE?
A: The investment is being made through a fund operated by EIG, a leading global institutional investor specializing in energy and infrastructure.
Q: What kind of business does MidOcean Energy (MOE) engage in?
A: MidOcean Energy (MOE) is an LNG business company that constructs an integrated LNG value chain, from upstream gas field development to liquefaction, sales, transportation, and optimized trading.
Q: What regions are covered by MOE's LNG project interests?
A: MOE's LNG project interests are located in Australia, Canada, Peru, and other regions.
Q: What is Shizuoka Gas's primary objective in making this investment and establishing a strategic partnership with MOE?
A: The primary objective is to indirectly participate in an LNG business portfolio, including upstream and midstream sectors, to expand their business scope in natural gas and LNG fields and establish a balanced business portfolio.