Japan Oil, Gas and Metals National Corporation

The Japan Oil, Gas and Metals National Corporation (独立行政法人石油天然ガス・金属鉱物資源機構, Sekiyu ten'nen gasu kinzoku kōbutsu shigen kikō, JOGMEC), is a Japanese government Independent Administrative Institution which was created in 2004 when the former Japan National Oil Corporation merged with the former Metal Mining Agency of Japan.[1]

Japan Oil, Gas and Metals National Corporation
独立行政法人石油天然ガス・金属鉱物資源機構

The headquarters in Toranomon Twin Building, Tokyo
Agency overview
Formed29 March 2004 (2004-03-29)
Preceding agency
  • Japan National Oil Corporation (JNOC), Metal Mining Agency of Japan (MMAJ)
JurisdictionJapan, Agency for Natural Resources and Energy
HeadquartersMinato-ku, Tokyo, Japan
Employees604 people (January 1, 2019)
Annual budget1,839 Billion Yen (2014 Fiscal Year)
Agency executive
Child agency
  • 13 Overseas offices
Websitehttp://www.jogmec.go.jp/

History

JOGMEC integrates corollary functions in one administrative entity. The former Japan National Oil Corporation (JNOC) had been tasked with securing a stable supply of oil and natural gas for Japan's use. The former Metal Mining Agency of Japan (MMAJ) had been tasked with ensuring a stable supply of nonferrous metal and mineral resources for Japan's use. Greater efficiencies were realized by combining two bureaucracies with similar missions. JOGMEC was established in 2004 pursuant to the 2002 Law Concerning the Japan Oil, Gas and Metals National Corporation.[2][3]

In March 2013, JOGMEC becomes the first to successfully extract methane hydrate from seabed deposits.[4][5]

Activities

JOGMEC's Geological Remote Satellite Sensing Centre in Lobatse, Botswana was created in partnership with the southern African nation's Department of Geological Survey in July 2008. The Japan-Botswana partnership will work together in developing the exploration of minerals through methods such as remote sensing.[6]

JOGMEC carried out the world's first "large-scale" deep sea mining of hydrothermal vent mineral deposits in August - September, 2017. This mining was carried out at the 'Izena hole/cauldron' vent field within the hydrothermally active back-arc basin known as the Okinawa Trough which contains 15 confirmed vent fields according to the InterRidge Vents Database.

JOGMEC manages rare metal stockpiles in conjunction with private companies.[7]


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See also

Notes
  1. Japan Oil, Gas and Metals National Corporation (JOGMEC): About us, overview.
  2. JOGMEC: About us, history.
  3. "Japan Oil, Gas and Metals National Corporation" (PDF). JOGMEC. Retrieved 2018-07-11.
  4. https://www.reuters.com/article/2013/03/12/us-methane-hydrates-japan-idUSBRE92B07620130312
  5. By HIROKO TABUCHIMARCH 12, 2013 (2013-03-12). "An Energy Coup for Japan: 'Flammable Ice' - The New York Times". Nytimes.com. Retrieved 2018-07-11.
  6. Botswana Press Agency (BOPA): "Geological satellite centre welcome." March 24, 2009.
  7. National Research Council (US). (2008). Minerals, Critical Minerals, and the U.S. Economy, p. 186.

References
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