JOGMEC (Headquarters: Minato-ku, Tokyo; Chairman & CEO: Ichiro Takahara), in response to the revision of the Basic Policy on Adoption of Projects Subject to Equity Capital and Guarantees set by the government, will launch new initiatives from April 1, 2026, to ensure a mid- to long-term stable supply of LNG and other resources.

On February 18, 2025, the Ministry of Economy, Trade and Industry (METI), acknowledging the necessity of securing long-term contracts and mid- to long-term LNG demand amid high uncertainty as stated in the cabinet-approved "7th Strategic Energy Plan," revised the Basic Policy on Adoption of Risk Money Supply Projects by JOGMEC on April 1, 2026, following discussions at the Natural Resources and Fuel Subcommittee of the Advisory Committee for Natural Resources and Energy held on December 16, 2025. In response, JOGMEC will commence the following new initiatives as concrete measures to realize a stable mid- to long-term supply of LNG and other resources. Through these initiatives, we will promote the activities of Japanese companies and contribute to the stable supply of energy to our country.

1. Establishment of a New Equity Investment System

To achieve a stable supply of LNG and other resources over the medium to long term, a new equity investment system will be established. This system will offer incentives, such as enabling early recovery of investment and early buyback of JOGMEC's equity stake, to Japanese companies promoting projects that meet certain criteria contributing to a stable energy supply.

Overview of the New Equity Investment System (Please refer to the related standards at the bottom of the page)

2. Revision of Debt Guarantee Premium Rates

For projects that contribute to the stable mid- to long-term supply of LNG and other resources, incentives will be strengthened by, for example, reducing debt guarantee premium rates according to the volume of LNG, etc., offtaken by Japanese companies and the contracted quantity for Japan.

Table of Debt Guarantee Premium Rates (Please refer to the related standards at the bottom of the page)

Revision of the National Basic Policy on Adoption Based on the 7th Strategic Energy Plan, the government's "Basic Policy on Adoption of Projects Subject to Equity Investment (including asset acquisition) and Guarantees " has been revised. JOGMEC will provide support for equity investment and guarantee projects in the oil and natural gas sector based on this basic policy. Basic Policy on Adoption of Projects Subject to Equity Investment and Guarantee Operations of Japan Organization for Metals and Energy Security (JOGMEC) (METI website)

d12624-876-b0861b4a26dfe2009fd1b2771a00bb9c.pdf

Full Release TextYou will be redirected to the official JOGMEC website.

FACT BOX

  • Source: PR TIMES
  • Category: News