Japanese Gas Company Prospects Opportunities
By Emmanuel KENDEMEH, Cameroon Tribune, 17-10-2013
Officials of SOJITZ Corporation yesterday had discussions with Prime Minister Yang.
Officials of the Japanese SOJITZ Corporation specialized in the oil
and gas sectors are currently prospecting investment opportunities in
the two sectors as well as ways of promoting their country’s investments
in Cameroon.
Prime Minister, Head of Government, Philemon Yang yesterday, October
17, 2013 had discussions with the company officials led by Daisaku
Kiyohara, Managing Director of its affiliate in Nigeria called Sojitz
Global Trading Nigeria Ltd. After the close to 30 minutes discussions,
Daisaku Kiyohara told reporters that SOJITZ Corporation with
headquarters in Tokyo, is one of the largest Trading Houses in Japan.
He said that in Africa, especially Nigeria, the company has invested
mainly in the liquefied natural gas sector. It has established a Joint
Venture with the Nigerian National Oil Company, that enables them to
develop energy in Nigeria and market in Europe and Japan.
The Japanese gas and oil company, its senior official stated, is
attracted by Cameroon’s huge energy, crude oil, gas and agriculture
potentials. The country, Daisaku Kiyohara said is also peaceful, stable
and the people being hospital and welcoming thereby favouring
investments. As to the Prime Minister’s response to their request, he
said, Mr Yang was supportive, understands the Japanese ways, as well as
appreciates their work track record in Cameroon. The outcome of the
prospection mission, he said, would determine how soon they will come
for concrete investments.
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