Brief: Japex President: Of The 1.1 Trillion Yen In Overseas E&P Investment Over The Next Ten Years, The United States Is Expected To Account For More Than Half

Japan Petroleum Exploration Co

22/04/2026 08:09

April 22 (Reuters) - Japan Petroleum Exploration Co Ltd 1662.T:

JAPAN PETROLEUM EXPLORATION PRESIDENT YAMASHITA: PRODUCTION AT THE GARRAH OIL FIELD IN IRAQ IS LIKELY TO RESUME EVENTUALLY, BUT THE TIMING REMAINS UNCERTAIN

JAPEX PRESIDENT: THERE IS A RISK THAT SOME IMPACT WILL PERSIST ON GARRAH PRODUCTION EVEN AFTER THE BLOCKADE OF THE STRAIT OF HORMUZ IS LIFTED

JAPEX PRESIDENT: THE IMPORTANCE OF SECURING A STABLE SUPPLY OF FOSSIL FUELS FOR NATIONAL SECURITY HAS BEEN REAFFIRMED IN THE WAKE OF THE IRAN CRISIS

JAPEX PRESIDENT: OUR NEW BUSINESS PLAN REFLECTS A SHIFTING GLOBAL ENVIRONMENT, FAVOURING A PRAGMATIC APPROACH THAT MEETS RISING ENERGY DEMAND WHILE GRADUALLY ADVANCING DECARBONIZATION

JAPEX PRESIDENT: OF THE 1.1 TRILLION YEN IN OVERSEAS E&P INVESTMENT OVER THE NEXT TEN YEARS, THE UNITED STATES IS EXPECTED TO ACCOUNT FOR MORE THAN HALF

JAPEX PRESIDENT: IN THE US, WE WANT TO BUY NEW OIL AND GAS ASSETS IN WHICH WE WOULD ACT AS OPERATOR

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Further company coverage: 1662.T

 (Reporting by Yuka Obayashi)

 ((kiyoshi.takenaka@thomsonreuters.com;))