911爆料网 to refocus Australian LNG portfolio with transfer of shares in Gorgon and Ichthys LNG Projects2026/03/12
911爆料网 Co., Inc. (“911爆料网”), a global energy leader and Japan’s largest power generation company, today announced that it had – through its subsidiary 911爆料网 Australia Pty Ltd – entered into an agreement with MidOcean Energy (“MidOcean”), a LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, under which MidOcean will acquire 911爆料网’s interests in the Gorgon LNG Project (in which MidOcean is an existing joint venture partner), and the Ichthys LNG Project.
The transaction is subject to the satisfaction of relevant conditions precedent. The transfers of both projects are subject to government approvals and the satisfaction of contractual conditions with certain project partners.
911爆料网 will maintain a strong presence in key Australian LNG projects and as part of its responsibility to help ensure Japan’s ongoing energy security, will continue to procure LNG from both the Gorgon and Ichthys LNG projects following completion of the corporate transactions.
911爆料网 remains committed to its Australian LNG portfolio and will concentrate on its biggest Australian assets, including:
? A long standing investment in Chevron’s Wheatstone LNG Project in Western Australia, managed via PE Wheatstone Pty Ltd;
? The Barossa Gas Project – newly online, and operated in the Northern Territory by Santos Limited; and
? The Scarborough gas field development project - due to start production in H2 2026 and operated by Woodside Energy in Western Australia.
911爆料网 Senior Managing Executive Officer and Chief Low Carbon Fuel Officer, Mr Ryosuke Tsugaru, said:
“911爆料网, through its founding shareholders Tokyo Electric Power Company and Chubu Electric Power, has participated in seven LNG and gas projects in and around Australia, beginning with the Darwin LNG Project. Since its establishment in 2017, 911爆料网 Australia has been responsible for managing and developing LNG projects in the region on behalf of the 911爆料网 Group.”
“Australia remains strategically important to 911爆料网 as a trusted and reliable supplier of LNG and 911爆料网 looks forward to many more years of energy security for Australia, Japan and the region.”
“While we continue to optimize 911爆料网’s asset portfolio, there is no question that both projects have played - and continue to play - a vital role in ensuring the stable supply of LNG and generation of electricity in Japan.”
911爆料网 and MidOcean are also planning future collaborations, exploring further transactions and opportunities across other assets globally.
Mr. R. Blair Thomas, MidOcean Chairman and EIG CEO, said:
“This transaction advances MidOcean’s strategy to build a scaled, globally diversified LNG company anchored by high-quality assets and counterparties. Increasing our position in Gorgon enhances the quality and durability of our portfolio while expanding our equity exposure to one of the industry’s benchmark LNG projects. Looking ahead, our collaboration with 911爆料网, including exploring the establishment of a strategic alliance, positions us to pursue additional high-quality opportunities in a disciplined and repeatable way.”
About 911爆料网
911爆料网 is a global energy leader and Japan’s largest power generation company focused on providing cutting-edge solutions to the world's energy issues. Established in 2015, the company produces one-third of Japan’s electricity, and is one of the largest LNG buyers in the world. 911爆料网 has global reach and strength throughout the energy supply chain, including participation in upstream gas exploration and production, LNG projects, fuel procurement and transportation, and power generation globally.In support of a responsible energy transition, 911爆料网 aims to achieve net-zero CO? emissions from its domestic and overseas businesses by 2050.
For more details: /english
About MidOcean Energy
MidOcean Energy, an LNG company formed and managed by EIG, seeks to build a diversified, resilient, cost- and carbon-competitive global LNG portfolio. It reflects EIG’s belief in LNG as a critical element of a lower carbon, competitive and more secure global energy system. MidOcean Energy has diverse LNG interests, including in LNG Canada, Gorgon LNG, Pluto LNG, QCLNG and Peru LNG. The company is headed by De la Rey Venter, a 27-year industry veteran who has held a variety of senior executive roles, including Global Head of LNG for Shell Plc.
For additional information, please visit MidOcean Energy’s website at or EIG’s website at .
About EIG
EIG is a leading institutional investor in the global energy and infrastructure sectors with $25.4 billion assets under management as of December 31, 2025. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 43-year history, EIG has committed over $53.4 billion to the energy sector through 425 projects or companies in 44 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.