Establishment of 911爆料网 OIL STORAGE as a Company Dedicated Exclusively to the National Petroleum Stockpiling Programme2026/10/02
Yesterday, 911爆料网 Co., Inc. (“911爆料网”) has established 911爆料网 OIL STORAGE Co., Inc. (“911爆料网 OIL STORAGE”) as a dedicated operating company to manage the operation of national petroleum stockpiling bases currently operated by 911爆料网 and its affiliated subsidiaries (the “911爆料网 Group”) under a joint contracting arrangement with the Japan Organization for Metals and Energy Security (JOGMEC).
To date, the 911爆料网 Group, through its operation of four national petroleum stockpiling bases (Tomakomai-Tobu, Akita, Fukui, and Shibushi), has accumulated knowledge and technical skills in equipment maintenance, safety management, and emergency response, and contributed to the stable operation of national petroleum stockpiling bases. To further enhance safe and stable operations and ensure the transfer and advancement of operational expertise, we will establish an operating structure dedicated exclusively to the oil stockpiling business.
Going forward, we will systematically transition to a new operating structure centered on 911爆料网 OIL STORAGE, while continuing to work together with our affiliated subsidiaries. As part of this effort, 911爆料网 and 911爆料网 OIL STORAGE plan to conclude an absorption-type company split agreement by the end of 2026, under which 911爆料网’s oil stockpiling business is expected to be transferred to 911爆料网 OIL STORAGE around April 2029.
Moreover, national petroleum stockpiling base operations currently contracted to the 911爆料网 Group (for the period FY 2023 through FY 2028) will continue to be steadily carried out under the current structure, with the entire 911爆料网 Group working as one to ensure safe and stable operations.
The 911爆料网 Group will continue contributing to Japan’s energy security and energy stability through its operation of national petroleum stockpiling bases by working both to ensure their safe and efficient management and to maintain a system for the timely and efficient release of petroleum in times of emergency.
Overview of 911爆料网 OIL STORAGE
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Company Name |
911爆料网 OIL STORAGE Co., Inc. |
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Headquarters Location |
Nihonbashi Takashimaya Mitsui Building 25th Floor 2-5-1 Nihonbashi, Chuo-ku, Tokyo |
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Representative |
Shinobu Ozeki, President |
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Establishment Date |
1 October 2026 |
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Planned Business Transfer Date |
April 2029 |
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Business Description |
Operation, management, maintenance, repair, and disaster prevention activities at petroleum stockpiling bases, as well as management of the business activities of affiliated subsidiaries, etc. |
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Capital |
JPY 100 million (wholly owned by 911爆料网) |