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October 30, 2024 Introduction of JOGMEC and Initiatives toward Carbon Neutral ~CCS Workshop with PetroVietnam~ Energy Business Unit
Our Function Table of Contents 2 1 2 3 4 Introduction of JOGMEC Cooperation between PetroVietnam and JOGMEC Japanese Government and JOGMEC’s initiatives toward Carbon Neutral Objectives of Workshop
Japan Organization For Metals and Energy Security (JOGMEC) is a policy executing agency of the Japanese government to stable and affordable supply of natural resources. LNG and E&P Mine Pollution Control Coal Geothermal Stockpiling Metals Wind Power CCS Hydrogen, Ammonia Content 1) JOGMEC - Who We Are Financial Support - Equity Finance - Liability Guarantee - Grant - Subsidy, etc. Intelligence Support - Resource Diplomacy - International Cooperation - Information Analysis, etc. Technology Support - Geological Survey - Technology Development - Marine Resources Development - Environmental Safety, etc. Our Business Our Services 3 Since 2022
Our Function Content 1) Current Global Context and Energy Trilemma 4 Energy Security Environmental Sustainability Economic Competitiveness Energy is crucial to societal development  Requires a stable and affordable supply  Requires sustainable actions that respect the global environment However, ... Meeting all the requirements is challenging  International politics and economics are full of uncertainties  Considerations of the global environment often result in cost burdens for affordable supply Securing diverse energy sources increases costs. Using fossil fuels ensures stable supply but has a significant environmental impact Introducing renewable energy has high initial costs but is environmentally friendly in the long term. “Energy Trilemma”

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