Energy Department

About department

The Energy Department is focused on trading of crude oil and LPG as well as seeking new investment opportunities in the E&P projects and LNG projects in Russia.

Itochu Corporation is participating in the Sakhalin I Project (as the largest private shareholder of Japanese consortium “SODECO”) and in the onshore project in East Siberia together with Irkutsk Oil Company (as the largest private shareholder of Japanese consortium “JASSOC”). The Energy Department is targeted at making contribution to the energy security of Japan, as well as to the development of Russian Economy.

Main business activities in Russia

Trade:

  • Crude oil and Liquefied petroleum gas (LPG)

Projects:

  • E&P and LNG