Osaka Gas

Osaka Gas, Sumitomo, and JOIN to Invest in Expanding City Gas Distribution Business in India

Retrieved on: 
月曜日, 4月 15, 2024

Osaka Gas Co., Ltd. (Osaka Gas) announced on April 8 its subsidiary OSAKA GAS SINGAPORE PTE.

Key Points: 
  • Osaka Gas Co., Ltd. (Osaka Gas) announced on April 8 its subsidiary OSAKA GAS SINGAPORE PTE.
  • Ltd. (AG&P LNG Marketing), aiming to boost AG&P LNG Marketing’s city gas distribution (CGD) business in India.
  • This marks OGS’ second major investment in the CGD business in India, following the first one in 2021.
  • City gas suppliers are selected in a bidding process for each GA and given exclusive gas sales and infrastructure rights (exclusive business rights) for an agreed period.

Japanese Investors Partner With I Squared Capital on US$370 Million Strategic Investment in Natural Gas Infrastructure to Accelerate the Energy Transition in India

Retrieved on: 
月曜日, 4月 15, 2024

Commenting on the transaction, Harsh Agrawal, Senior Partner, APAC, I Squared, said: “India aims to boost the share of natural gas from nearly 7% currently to 15% of the primary energy mix by 2030.

Key Points: 
  • Commenting on the transaction, Harsh Agrawal, Senior Partner, APAC, I Squared, said: “India aims to boost the share of natural gas from nearly 7% currently to 15% of the primary energy mix by 2030.
  • I Squared Capital, through the Natural Gas Transition Platform, is committed to supporting a just and equitable transition of the country’s energy sector.
  • The additional capital provided will be used to support the energy transition in India through the expansion of last-mile city gas distribution infrastructure.
  • In addition to gas distribution, the Platform will increase investments to boost the consumption of renewable natural gas (biogas) in India.

The Shared & Unlicensed Spectrum LTE/5G Network Ecosystem Report 2023-2030: Global Opportunities, Challenges, Strategies & Forecasts - ResearchAndMarkets.com

Retrieved on: 
月曜日, 1月 15, 2024

The "The Shared & Unlicensed Spectrum LTE/5G Network Ecosystem 2023-2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Shared & Unlicensed Spectrum LTE/5G Network Ecosystem 2023-2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.
  • The report estimates that global investments in 5G NR and LTE-based RAN (Radio Access Network) infrastructure operating in shared and unlicensed spectrum will account for more than $1.4 Billion by the end of 2023.
  • The report also provides global and regional forecasts for shared and unlicensed spectrum LTE/5G RAN infrastructure from 2023 to 2030.
  • The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Abaxx Provides Corporate Update

Retrieved on: 
金曜日, 9月 29, 2023

TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange and Clearinghouse (“Abaxx Singapore”), and producer of the SmarterMarkets™ Podcast, summarizes development activities over the past quarter and the general progress of the Company’s business plans. Abaxx also announces that it completed a financing of approximately CAD $1,013,000 through the private placement of an unsecured convertible debenture of the Company with an existing shareholder. Further details of these updates are provided below.

Key Points: 
  • Strategic Financing: The strategic financing process for Abaxx Singapore is progressing, with an expected conclusion in early Q4.
  • Abaxx has signed non-binding term sheets as well as definitive agreements with corporate strategic investors, as previously disclosed on August 14th, 2023.
  • The following press release provides a detailed update on these developments.
  • First Tranche of Strategic Financing: Abaxx Singapore, consistent with its initiative for a US$20 million to US$35 million best efforts equity private placement of preferred shares (the “Preferred Shares”) of Abaxx Singapore (the “Offering”), has formalized an investment agreement with an initial corporate investor.

Mitsubishi Corporation: Participation of Sempra Infrastructure to the Detailed Study regarding the Introduction of e-methane to Japan Utilizing Cameron LNG Terminal

Retrieved on: 
水曜日, 8月 30, 2023

The consortium is comprised of three of the leading gas utilities in Japan and Mitsubishi Corporation which have been conducting preliminary feasibility work on the project since 2022.

Key Points: 
  • The consortium is comprised of three of the leading gas utilities in Japan and Mitsubishi Corporation which have been conducting preliminary feasibility work on the project since 2022.
  • With the addition of Sempra Infrastructure, the companies seek to advance the energy transition through the global market of liquified e-methane.
  • "Sempra Infrastructure is excited to bring its essential infrastructure development experience to this collaboration with Tokyo Gas, Osaka Gas, Toho Gas and Mitsubishi Corporation.
  • The proposed project is anticipated to produce 130,000 tonnes of e-methane per year that would be liquified to become liquified e-methane at the Cameron LNG terminal in Southwest Louisiana and exported to Japan.

Osaka Gas and MHI to Collaborate in CO2 Value Chain Development for CCUS

Retrieved on: 
金曜日, 3月 31, 2023

TOKYO, Mar 31, 2023 - (JCN Newswire) - Osaka Gas Co., Ltd. (Osaka Gas) and Mitsubishi Heavy Industries, Ltd. (MHI) have entered into an agreement to conduct a feasibility study on a project to develop a CO2 value chain for CCUS (Carbon Capture, Utilization, and Storage), including transporting CO2 captured in Japan to overseas, utilizing it to produce e-methane, synthetic gas produced through methanation, and storing it underground.

Key Points: 
  • TOKYO, Mar 31, 2023 - (JCN Newswire) - Osaka Gas Co., Ltd. (Osaka Gas) and Mitsubishi Heavy Industries, Ltd. (MHI) have entered into an agreement to conduct a feasibility study on a project to develop a CO2 value chain for CCUS (Carbon Capture, Utilization, and Storage), including transporting CO2 captured in Japan to overseas, utilizing it to produce e-methane, synthetic gas produced through methanation, and storing it underground.
  • The project aims to establish an efficient CO2 value chain, leveraging Osaka Gas's know-how on e-methane production and CO2 storage and MHI's expertise in CO2 capture, liquefied CO2 maritime vessel transport, and CO2 management.
  • Osaka Gas and MHI will conduct a feasibility study on the entire CCUS scheme, including CO2 utilization for e-methane and underground sequestration, in corporation with companies from a wide variety of industries.
  • The project also plans to expand its CCUS scheme through the trade and transfer of CCUS's environmental value quantified by CO2NNEX, a digital platform under development by MHI and IBM Japan for visualizing CO2 value chain.

Osaka Gas USA, Tallgrass & Green Plains Partner to Advance Japan’s Climate Objectives

Retrieved on: 
水曜日, 12月 21, 2022

Green Plains Inc. (NASDAQ:GPRE), Tallgrass and Osaka Gas USA, a wholly owned subsidiary of Japan-based Osaka Gas, today announced the commencement of a joint feasibility study to evaluate the production of up to 200,000 tons per year of synthetic methane in the U.S. Midwest.

Key Points: 
  • Green Plains Inc. (NASDAQ:GPRE), Tallgrass and Osaka Gas USA, a wholly owned subsidiary of Japan-based Osaka Gas, today announced the commencement of a joint feasibility study to evaluate the production of up to 200,000 tons per year of synthetic methane in the U.S. Midwest.
  • The project partners aim to produce synthetic methane from low-carbon hydrogen and biogenic carbon dioxide (CO2) captured from ethanol biorefineries owned and operated by Green Plains.
  • Unlike other decarbonized gaseous energy carriers, synthetic natural gas can be transported and distributed using existing natural gas infrastructure.
  • “Osaka Gas USA is excited to participate in this study with Tallgrass and Green Plains as this marks another promising methanation project in the United States, which will greatly accelerate our goal to become carbon neutral by 2050,” said Sunao Okamoto, Osaka Gas USA President and CEO.

Three Partners to Jointly Undertake Proof of Concept (PoC) Applying "CO2NNEX", a Digital Platform for CO2 Accounting across its Supply Chain for Synthetic Methanes

Retrieved on: 
月曜日, 10月 24, 2022

The system will make use of CO2NNEX, a digital platform for visualizing the CO2 supply chain being developed by MHI and IBM Japan targeted at visualization and optimization of synthetic methane's environmental value.

Key Points: 
  • The system will make use of CO2NNEX, a digital platform for visualizing the CO2 supply chain being developed by MHI and IBM Japan targeted at visualization and optimization of synthetic methane's environmental value.
  • ), including methanation, and studies are going forward into the application of the accounting methods to the use of synthetic methane, which is seen as a recycled-carbon fuel.
  • The PoC to be jointly implemented is an initiative aimed at visualizing CO2 emission volumes across the entire supply chain, from synthetic methane's production to supply and combustion.
  • By providing this traceable data, a shared platform will be developed for realizing visualization of synthetic methane's environmental value.

AG&P Group Appoints Sandeep Mahawar as Chief Commercial Officer of LNG Terminals and Logistics

Retrieved on: 
水曜日, 10月 5, 2022

SINGAPORE, Oct. 4, 2022 /PRNewswire/ -- Atlantic, Gulf & Pacific Company ("AG&P"), a leading downstream LNG and infrastructure development company, today announced the appointment of Sandeep Mahawar as the Chief Commercial Officer of LNG Terminals & Logistics, AG&P Group.

Key Points: 
  • SINGAPORE, Oct. 4, 2022 /PRNewswire/ -- Atlantic, Gulf & Pacific Company ("AG&P"), a leading downstream LNG and infrastructure development company, today announced the appointment of Sandeep Mahawar as the Chief Commercial Officer of LNG Terminals & Logistics, AG&P Group.
  • Mr. Joseph Sigelman, Chairman and CEO of AG&P Group, said, "As AG&P continues to develop downstream LNG terminals and associated city gas networks in key markets across South, Southeast Asia and beyond, we are privileged to welcome Sandeep Mahawar as our Chief Commercial Officer for our LNG business.
  • Mr. Sandeep Mahawar, Chief Commercial Officer of LNG Terminals & Logistics, AG&P Group,said, "I am truly impressed by the talent and dedicated team at AG&P that has demonstrated a proven operational track record in India and the Philippines.
  • Prior, Mr. Mahawar was with BG Group, a UK headquartered multinational oil and gas company acquired by Shell in 2014.

AG&P Group Appoints Sandeep Mahawar as Chief Commercial Officer of LNG Terminals and Logistics

Retrieved on: 
水曜日, 10月 5, 2022

SINGAPORE, Oct. 4, 2022 /PRNewswire/ -- Atlantic, Gulf & Pacific Company ("AG&P"), a leading downstream LNG and infrastructure development company, today announced the appointment of Sandeep Mahawar as the Chief Commercial Officer of LNG Terminals & Logistics, AG&P Group.

Key Points: 
  • SINGAPORE, Oct. 4, 2022 /PRNewswire/ -- Atlantic, Gulf & Pacific Company ("AG&P"), a leading downstream LNG and infrastructure development company, today announced the appointment of Sandeep Mahawar as the Chief Commercial Officer of LNG Terminals & Logistics, AG&P Group.
  • Mr. Joseph Sigelman, Chairman and CEO of AG&P Group, said, "As AG&P continues to develop downstream LNG terminals and associated city gas networks in key markets across South, Southeast Asia and beyond, we are privileged to welcome Sandeep Mahawar as our Chief Commercial Officer for our LNG business.
  • Mr. Sandeep Mahawar, Chief Commercial Officer of LNG Terminals & Logistics, AG&P Group,said, "I am truly impressed by the talent and dedicated team at AG&P that has demonstrated a proven operational track record in India and the Philippines.
  • Prior, Mr. Mahawar was with BG Group, a UK headquartered multinational oil and gas company acquired by Shell in 2014.