In 2022, SHIZUOKA GAS CO., LTD. (President and CEO: Hiroyuki Kishida) will enter the industrial natural gas supply business in the Kingdom of Thailand. On August 5th, Shizuoka Gas reached agreement to acquire 49%(planned) of shares in Thai-Japan Gas Network Company Limited (hereinafter, "TJN"), a company established by Thailand-based Scan Inter Public Company Limited (hereinafter, "SCN") to strengthen supply businesses in industrial compressed natural gas (CNG) and liquefied natural gas (LNG).

 

TJN is a spin-off company of SCN's industrial natural gas supply business. TJN inherits its customer base from SCN, which is the largest supplier of CNG in Thailand. TJN in turn provides optimal supply of CNG and LNG according to customer needs, scale, and location. We will combine SCN's technological capabilities and local customer network with the highly efficient energy-saving systems and expertise offerings cultivated by Shizuoka Gas in Japan. Shizuoka Gas will also work to develop new Japan-affiliated corporate customers in Thailand.

 

This business development in Thailand marks Shizuoka Gas's third project in the country, following a 2015 gas power generation project and a 2021 solar power generation project. Going forward, we will continue to support the realization of a low-carbon and, beyond that, decarbonized society by participating in the energy business in Southeast Asia, which is the core area of our overseas business, and contribute to the development of local communities both inside and outside Japan.

 

 

1． Overview of TJN

Company Name	Thai-Japan Gas Network Company Limited
Location	No. 355 Bondstreet Road, Bangpood Sub-District, Pakkret District, Nonthaburi Province, Thailand
Representative	Mr. Chokdee Wongskeo
Established	March 2, 2021
Registered Capital	412 million Thai baht (approx. 1,440 million yen when converted at a rate of 3.5 yen per baht)
Investment Structure (TBC)	SCN (51%), Shizuoka Gas (49%)
Major Business Activities	・ Supply business for industrial compressed natural gas and liquefied natural gas

 

 

2． Overview of SCN

Company Name	Scan Inter Public Company Limited
Location	No. 355 Bondstreet Road, Bangpood Sub-District, Pakkret District, Nonthaburi Province, Thailand
Representative	Dr. Littee Kitpipit
Established	September 6, 1988
Capital	600 million Thai baht (approx. 2,100 million yen when converted at a rate of 3.5 yen per baht)
Major Business Activities	・ Gas related businesses (natural gas quality improvement, station design/construction/management/operation and transportation) ・ Non-gas related businesses (renewable energy, automotive, logistics business and so on)