LNG Japan Co., Ltd. (hereinafter 'LNG Japan'), Sumitomo Corporation (hereinafter 'Sumitomo Corporation') and Sojitz Corporation (hereinafter 'Sojitz') announced in August 2023 that the Scarborough Gas Field in Western Australia Regarding the acquisition of a 10% interest in the development project (hereinafter referred to as the 'Project'), all conditions for the effective date of the interest purchase and sale agreement with a subsidiary of Woodside Energy Group Ltd (hereinafter referred to as 'Woodside') have been satisfied and the procedures for acquiring the interest have been completed. did.

In addition, upon acquiring this interest, we have been selected as a project eligible for investment and debt guarantee by the Japan Energy, Metals and Minerals Japan (hereinafter referred to as 'JOGMEC').

In addition to the acquisition of interests, the three companies have also agreed to further strategic alliances with Woodside.

Regarding strategic alliance with Woodside (agreed in August 2023)

Participating in this project

Through LNG Japan's subsidiary LJ Scarborough Pty Ltd (hereinafter 'LJS'), we will acquire 10% interest in the Scarborough gas field development project and take over LNG equivalent to the interest (up to 800,000 tons/year)

Additional delivery of LNG

Additional delivery of LNG from Woodside through LNG Japan

Considering collaboration in the field of new energy

Sumitomo Corporation and Sojitz considering collaboration in the field of decarbonization and new energy

In the future, the three companies will work with Woodside and JOGMEC to contribute to the development of Australia through this project, as well as work to realize a low-carbon and decarbonized society and provide a stable supply of energy, mainly in Asia, including Japan. I'll go.

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