Local News

Saibu Gas to Set Up Base in Singapore

Saibu Gas Co., Ltd. announced the establishment of their first overseas base in Singapore this autumn. The company is looking to commercialize liquefied natural gas (LNG) in the Asian region. Saibu Gas hopes to achieve growth by diversifying their business portfolio overseas, while domestic competition continues to intensify following the government’s decision to liberalize the Japanese gas market last year. The company will restructure sections of their business this July and create an International Energy Division in order to focus on their overseas activities. Source: Mainichi Shimbun, 6/29/2018


Photo of LNG tanks for image purpose only. Source: Drajay1976

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Category
Business
Fukuoka City
Published: Jul 11, 2018 / Last Updated: Jul 11, 2018

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