Our division participates in global LNG projects in Qatar, Equatorial Guinea, and Papua New Guinea. Marubeni will continue to work on smooth operation of existing LNG projects and participation in new projects. It is also engaged in expanding LNG trade to respond to the increasing global LNG demand.
Marubeni conducts global trade in crude oil, petroleum products, LNG, and LPG by utilizing its trade infrastructure such as terminals and vessels. In our marketing operations, we sell petroleum products and LPG by utilizing our distribution network through Marubeni Energy and other domestic and overseas subsidiaries. Marubeni will continue to provide high-value added services, and expand its business.
Marubeni is successfully promoting the development business of oil and gas resources in such countries as U.S., U.K., India, Qatar, and Russia. Additionally, Marubeni is maintaining stable operation of the Kharassan uranium mine project in Kazakhstan. Marubeni is also seeking to find new prosperous projects in order to increase ownership of production and reserves of upstream resources.
Marubeni is operating businesses across the whole nuclear fuel cycle, while also offering nuclear power-related equipment, materials, and services to contribute to improved safety in power stations.