sultanate of oman - jccme · 23.10.2014 · muscat hitachi zosen(1981,1984,1990) ghubrah ☆...
TRANSCRIPT
Sultanate of Oman Everlasting Partner
S. Inoue
Corporate Adviser
Sojitz Corporation
23 October, 2014 Tokyo
Copyright © Sojitz Corporation 2014 2
Contents
Start of the Long Story with Oman for the Future
【1】 Basic Information about Oman
【2】 Business in Oman
A. Industrial Complex – Sohar Legend
B. Oil & Gas Field and Ports
C. Business Development of Sojitz in/with Oman
D. Substantial Presence of Japanese Companies
【3】 For the Future - Oman and Japan, Things to do
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Zanzibar days of Oman
General View of Muscat Mutrah Fish Market
Mutrah Corniche Mutrah Corniche Residential Area
Oman in 1970s
【1】 Basic Information about Oman
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Dolphins in Musandam
Desert in Oman
Turtles in Oman
Natural Pearl
Al Alam Palace in Muscat
Omani Man
Omani Man
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World Heritages
Bahla Fort The Land of Frankincense
Archaeological Sites of Bat, Al-Khutm and Al-Ayn
Aflaj Irrigation Systems of Oman
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GDP
(Source: IMF World Economic Outlook Database, Apr.2014)
Population
Oil Production Gas Production
(Source: Index Mundi)
Macro Economics
Stable and Sustainable Economic Development
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Export and Import between Oman and Japan in 2012
Japan Oman
Source: Trade Statistics of Japan(2012) Cooperated by Japanese Embassy in Oman
Oil
348,702
LNG
194,603
Others
3,709
Export to Japan
(547,014 million yen)
Automobile
213,296
Steel
Pipe
3,820 Others
61,621
Import from Japan
(278,737 million yen)
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★ Plan
New Oil Field
Sohar
Muscat
Salalah
Duqm
★ Crude Oil Stock Yard by UAE
Tight Gas Field
Container Hub Port, World 30th, 90% of Oman
★ Refinery Oil and LNG Exports
Port for Gas Chemical
Dry Dock
Qalhat LNG 3,700,000tpa x 1 Oman LNG 3,300,000TPA x 2
Saudi Arabia
Oman
Iran
Yemen
Gas Field Oil Field Gas Pipe Line Oil Pipe Line
Bahrain Musandam
(Source: JOGMEC base data added by Sojitz )
Qatar
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Export/Import
Export Credit
Project Business
Investment
Multi-Layer Business
・・・Crude Oil/Car/Cupper/Iron
・・・Gas Treatment Plant Desalination Plant ・・・Fertilizer Plant etc.
・・・IPP/IWPP with Partners
・・・Future in Oman/Japan and Third Countries
1970
1980
1990
2000~
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① First Export Credit for Yibal Gas Processing Plant
The first J-EXIM(JBIC) export credit for Oman
The first METI(NEXI) export insurance for Oman
Owner: Ministry of Petroleum & Mines(MPM)
Contract Date:1983
Site: Yibal (Oman Central)
EPC: Niigata/Comprimo
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② Project Finance for Fertilizer Plant
The first JBIC base project finance
Owner: Sohar International Urea & Chemical
Industry(Suhail Bahwan Group)
Contract Date: 2005
Site: Sohar
EPC Contractor: MHI
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Sohar-2
Barka-3
Muscat
③ Barka-3 & Sohar-2 IPP Projects
Barka-3 Sohar-2
Investors GDF-Suez/Suhail Bahwan/Sojitz/ Yonden/Oman Pension fund
Capacity 744MW x 2 (1,488W)
Commercial Operation April 4, 2013 April 3, 2013
Type Combined Cycle Gas Turbine Generators
PPA Period 15 years
Fuel Supply Ministry of Oil and Gas
Existing 4,500 MW + 1,488 MW
25% of Total Oman Demand
As of April, 2014
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40million/day, 29%
20million/day, 15% 26million/day,
19%
33million/day, 24%
17million/day, 13%
Desalination Capacity(gallon)
in 2009
Ghubrah
Barka IWPP I
Barka IWPP II
Sohar IWPP
Sur IWP
※1 Gallon=4.54609 Litter
70% of Muscat water need was covered by HZ/Sojitz plants at the peak period
Remarkable Water Desalination by Hirachi Zosen/Sojitz since 80’s
(Source: JETRO) (Source: Hitachi Zosen Corporation)
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☆ MOT/Quay Wall Construction/STFA(Turkey)(2000,2002) ☆ MOT/Dredging Work/Hyundai(1999) ☆ SRC/Refinery/JGC(2000,2003) ☆ SIUCI/Fertilizer Plant/MHI(2005) ☆ Sohar-2 IPP/744MW(2013.4)
SOHAR
☆ MEW/Seawater Desalination Plant/ Hitachi Zosen(1981,1984,1990)
GHUBRAH
☆ SPSC/Container Crane/IHI(1997) ◎ Octal Petro/PET/$300mil
SALALAH
☆ Barka-3 IPP/744MW(2013.4)
BARKA
☆ MPM/Gas Treatment Plant/ Niigata Engineering (1983, 1990)
YIBAL
MUSCAT
☆ ORC/Oil Tank/IHI(1984) ☆ ORC/Catalytic Reformer/ Mitsui Engineering & Shipbuilding (1992)
Sojitz’ Experiences and Activities in Oman
Muscat
IRAN
U.A.E
Saudi Arabia
Yemen
Barka
Duqm
○
Abu Dhabi
Dubai ○
Ghubra
Yibal
Sohar
○
Salalah ○
Sur
☆ Completed
◎ Under Construction /
Under Offtaking
Musandam
☆ OGC/Line Pipe/NSC & KSC(2000) ☆ OGC/Pipe Laying/Dpdsal(2000)
YIBAL~SALALAH
Port of Salalah
Fertilizer Plant
IPP Plant
Gas Pipeline
Desalination Plant
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LNG
Oman LNG: 3.3million t/y x 2
Mitsubishi Corp.2.77%,
Mitsui Co, 2.77%, Itochu0.92%
Qalhat LNG:3.7million t/y x1
Itochu, Mitsubishi Corp.
Osaka Gas 3% each
Shipping JV: Mitsui OSK
Source: The 40th Anniversary of Oman -Japan
OIL
Exploration: JX, Sojitz, INPEX,
Mitsui Oil Exploration,
Sumitomo, Japex
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Plant & Infrastructures <IPP>
Barka 3: Sojitz/Yonden
Sohal-2: Sojitz/Yonden
Sur: Marubeni/Chubu/Qatar
<IWP>
Ghubrah: Sumitomo/Malaysia/Spain
<EPC>
Mina Al Fahal: Oil Refinery
Sohar: Port, Oil Refinery, Fertilizer
Ghubrah: Desalination
Sur: LNG
Yibal: Gas Processing
Salalah : Pipeline, Container Crane
Etc.
Source: The 40th Anniversary of Oman -Japan
The Mina Al-Fahal Refinery
LNG Plant
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【3】 For the Future –
Oman and Japan, Things to do. More for the World
1) Geopolitical – Hormuz
Doors to Indian Ocean
2) Enhance joint effort for stable investment market.
3) Achieve Long-term and sustainable advantages for Developers and Investors.
Strait of Hormuz
Gas Field
【Key】 Competitive Gas Supply
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Establish Long Term Partnership 1
Maximize mutual benefit for WIN WIN 2
Expand Business Menu : Transportation, Tele-communication, Tourism, Medical, Fisheries and such value added fields
3
Open the World Market Together
Oman and Japan – Things to Do
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The History of Sojitz Group
Nissho Company 1902 Suzuki & Co., Ltd. established
Iwai Sangyo Company 1896 Iwai & Co., Ltd. established
Nichimen Corporation 1892 Japan Cotton Trading Co., Ltd.
established
Nissho Iwai Corporation 1968 Nissho Company and Iwai
Sangyo Company merged
2003 Nissho Iwai-Nichimen Holdings Corporation established through the transfer of shares by Nichimen Corporation and Nissho Iwai Corporation, which become its subsidiaries
1982 Company name changed
to Nichimen Corporation
2004 Subsidiaries Nichimen Corporation and Nissho Iwai Corporation merged to form Sojitz Corporation Name of holding company changed to Sojitz Holdings Corporation
2005 Sojitz Holdings Corporation merged with subsidiary Sojitz Corporation and company name changed to Sojitz Corporation
2014 10th Anniversary of Sojitz Corporation
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Corporate Data
Company Name Sojitz Corporation
Established April 1, 2003
Capitalization 160,339 million yen
President & CEO Yoji Sato
Head Office 1-1, Uchisaiwaicho 2-chome,
Chiyoda-ku, Tokyo 100-8691, Japan
TEL +81-3-6871-5000
FAX +81-3-6871-2430
URL http://www.sojitz.com/en
Corporate
Governance Model Board of Corporate Auditors
Stock Exchange Listings Tokyo Stock Exchange
(As of March 31, 2014)
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Sojitz Group's Global Business View
Machinery
Automobile Aircraft IPP
Energy & Metal
Oil and Gas LNG Coal
Chemicals
Methanol Salt Chemicals
Consumer Lifestyle Business
Grain Consumer Goods Industrial Park
Business Division
Trade
Investment
Finance
Off-take
Organizer and
Developer
Solution Provider
Project Management