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 Brunei LNG Sendirian Berhad A joint venture company in which Mitsubishi Corporation has a 25% share. The company liquefies natural gas in Brunei and sells approximately 7 million tons of LNG annually to Japan and Korea. As Japan's first large-scale LNG project, it has provided a steady supply of LNG for over 30 years.   Diamond Gas Operation Co., Ltd. (DGO) A wholly-owned subsidiary of Mitsubishi Corporation. The company is in charge of the LNG payment and remittance business of MC in addition to providing electric power companies and gas companies with information regarding natural gas. Japan Australia LNG (MIMI) Pty. Ltd A joint venture company in which Mitsubishi Corporation has a 50% share. The company has a one-sixth equity interest in the North West Shelf (NWS) Project and undertakes exploration, development, production and selling operations for oil and gas. It supplies Japanese electric power and gas companies with 11 million tons of LNG annually. Malaysia LNG Sdn. Bhd. / Malaysia LNG Dua Sdn. Bhd. / Malaysia LNG TIGA Sdn. Bhd. Using natural gas from the gas fields offshore of the state of Sarawak, Malaysia LNG project produces liquefied natural gas (LNG) primarily for sale to electric and gas companies in Japan, Korean and Taiwan. The combined LNG production capacity of the three projects totals 23 million tons a year, making it the single most productive site in the world. McFarm Sdn. Bhd. Established in Brunei in 1978 by Mitsubishi Corporation with the purpose of promoting cattle breeding as a joint project with the government of Brunei. Currently, having celebrated its silver jubilee, the company has expanded its operations to include tomatoes and other vegetables grown through hydroponics, in addition to beef cattle and goat farming. Shell MDS (Malaysia) Sdn. Bhd. (SMDS) A joint venture of Mitsubishi Corporation, the Royal/Dutch Shell Group of Companies (Shell), state-owned Petroliam Nasional Berhad (Petronas) and the Sarawak State Government. It is the world's first commercial project to employ Gas to Liquids (GTL) technology, which is seen to have huge potential as an effective way for utilizing natural gas. Operations commenced in fall 1993 with annual production totaling 500,000 tons. Western Australia LNG Import Service Co., Ltd. (WALISCO) Founded in 1989 as a joint venture by Mitsui & Co., Ltd., Nippon Oil Corporation and Mitsubishi Corporation (with a share equal to 45.83%). The same year saw the start of production at the North West Shelf (NWS) Project with WALISCO handling delivery, custom clearance and settlement for the eight Japanese companies purchasing the LNG. WALISCO also functions as the liaison office between the buyers and sellers of LNG.  CELT Inc. A fifty-fifty joint venture established by Mitsubishi Corporation (MC) and Tokyo Electric Power Company, through its wholly-owned subsidiary TEPCO Trading. Purchasing LNG acquired by MC from Oman, the company will consider MC's demand for LNG (primarily for sale to the U.S. market) and TEPCO's demand for LNG (primarily for its own consumption), and then flexibly distribute supplies to both companies. Sakhalin Energy Investment Co., Ltd. A joint venture company in which Mitsubishi Corporation has a 10% share. The company is involved with the Sakhalin II project, which develops and produces crude oil and gas under a Production Sharing Agreement (PSA) with the Russian Federation.
 Dia Shoseki Co., Ltd. The company is a core petroleum retailer within the Showa Shell Sekiyu Group, established under equal investments by Mitsubishi Corporation and Showa Shell Sekiyu K.K. Dia Shoseki Co., Ltd. has a service station network spanning more than 80 locations and sells approximately 500,000 kiloliters of petroleum products annually.
Diamond Tanker Pte. Ltd. Mitsubishi Corporation (MC) established Diamond Tanker Pte. Ltd. in April 2005 after deciding to shift its tanker operations for the transport of crude oil and petroleum products to Singapore. The company commenced operations in May 2005. MC Energy, Inc. Has a distinguished sales volume of asphalt used for road construction and other industrial purposes in Japan. The company is also distributing petroleum products such as fuel oil, diesel oil, and kerosene. MC Kaiun Co., Ltd. MC Kaiun Co., Ltd. was established in 1992 in partnership with two major domestic shipping companies. The company continuously endeavors to ensure safety while responding to the broad needs of customers in the shipping industry. MC Marine Co., Ltd. Since its establishment in 1980, MC Marine Co., Ltd. has been engaged in the management and safety control of tankers possessed and operated by Mitsubishi Corporation (MC). With the establishment of Diamond Tanker Pte. Ltd (DT) in Singapore in April 2005, tankers possessed and operated by MC were subsequently placed under the authority of this new company. While collaborating with DT, MC Marine will continue its activities in the area of tanker management and safety control. Mitsubishi Shoji Sekiyu Co., Ltd. The company is one of Japan's largest oil retailing and trading companies, with a nationwide network of about 300 distributors and over 1,100 service stations, which sells approximately 6.5 million kiloliters of petroleum products. The company is promoting the development of new types of service stations through alliances with businesses in different industries.
Onahama Petroleum Co., Ltd. The largest oil distribution terminal on the coast of the Pacific north of the Kanto region in Japan. The company maintains tanks for crude oil, fuel oil and petroleum products which have a gross capacity of 1.6 million kiloliters. In addition to tank leasing business, the company also sells crude oil and petroleum products. Petro-Diamond Inc. (PDI) With tank facilities located near Los Angeles, the company sells petroleum products across the U.S. Pacific coast and has extended its trading business to Asia. The company deals in an annual total of over four million kiloliters. Petro-Diamond Japan Corporation (PDJ) Markets marine oils, especially fuel oils, such as bunker oil and marine lubricants, as well as base oil. The company is a world class distributor of bunker oil, having recorded annual sales of 3.5 million tons to customers around the world. Petro-Diamond Risk Management Ltd. (PDRM) A wholly-owned subsidiary of Mitsubishi Corporation. As a specialized company, the company offers solutions for risk management through the structure and transaction of energy derivatives. Petro-Diamond Singapore (Pte) Ltd. (PDS) A frontline base for Mitsubishi Corporation's trading in crude oil, petroleum products, LPG and carbon. The company covers a broad range of business activities with annual trade volume of ten million tons. Showa Yokkaichi Sekiyu Co., Ltd. Established as a joint venture by Showa Shell Sekiyu K.K. and Mitsubishi Corporation. As one of the largest oil refiners in Japan, the company is contracted to refine 30,000 barrels of crude oil a day for end products.  ASTOMOS ENERGY CORPORATION A new company established by Mitsubishi Corporation and Idemitsu Kosan Co., Ltd. on April 1, 2006, integrating the liquefied petroleum gas (LPG) businesses of both companies.
MC Carbon Co., Ltd. Deals in carbon related products such as coal coke, artificial graphite electrodes and carbon additives for steelmaking. The company is a specialist trading company boasting a full product line-up from raw materials to manufactured products, marketed mainly to the Japanese market. NAMIKATA TERMINAL CO., LTD. Namikata Terminal Co., Ltd. was established in October 1983 with 100% of its capital provided by Mitsubishi Corporation. The principal business of the company is delivery and storage operations for liquid petroleum gas (LGP), oil and petrochemicals that are received from domestic or international sources.
Sekiyu Cokes Kogyo Co., Ltd. Storage and logistic terminal for petroleum coke produced by Nippon Petroleum Refining Co.. Main products include needle petroleum coke and green petroleum coke.  Mitsubishi Corporation Exploration Co.,Ltd. Mitsubishi Corporation Exploration Co., Ltd. is a wholly owned subsidiary of Mitsubishi Corporation. We promote, operate, and manage upstream activities such as exploration, development, and production of oil and gas for oversea assets owned by Mitsubishi Corporation.
MCX New Ventures, Ltd. A wholly-owned subsidiary of Mitsubishi Corporation. The company is promoting business in the exploration, development and production sectors for crude oil and gas in the Mexican Gulf. MPDC Gabon Co., Ltd. As a wholly-owned subsidiary of Mitsubishi Corporation, the company explores, develops, and produces crude oil in Gabon, West Africa.  Frontier Energy Niigata Co., Ltd. The company is a wholesale power provider that sells electricity to retail power providers. It built the world's first 110,000 kilowatt thermal power plant solely fueled by petroleum coke in the Higashiko district in Niigata. Mitsubishi Corporation supports its business by supplying fuel and recycling the by-products.
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