Japan Commodity Exploration today announced that it will analyze and study for the evaluation of an oil and gas potential pipeline off the shores of Azerbaijan.
Online PR News – 03-February-2021 – CHUO-KU/TOKYO – Japan Commodity Exploration’s team of geologists and sedimentologists will conduct a geological and geophysical survey of the area located off the east coast of Azerbaijan and the survey will be carried out in accordance to with Azerbaijan rules and regulations.
Japan Commodity Exploration’s Chief Geological Officer, Mr. Bruce MacDonald commented on the potential oil and gas reserve saying “It is not every day that potential energy reserves are highlighted. After we conduct several tests of the area in question by following all regulatory procedures, this could be very beneficial in the future for development of oil fields and the construction of pipelines through Japanese companies with interests to both parties.”
“Japan Commodity Exploration encourages companies to get a footprint into the exploration of oil and gas in Azerbaijan, and with the promising results some companies have found, we strongly believe that this future business will contribute to the further development of oil and gas opportunities in Azerbaijan and surrounding areas,” added Bruce MacDonald, Chief Geological Officer of Japan Commodity Exploration.
About Us - Japan Commodity Exploration
Since Japan Commodity Exploration began operations, we have become a prominent regional resource-exploration company, focusing on rare earth metals which are in increasing demand and are essential to a wide range of products.
We continually explore new terrains, both land and sea, to identify areas with large amounts of resources which can deliver long-term supplies to various industries and manufacturing firms. It is our principal intention to generate new ventures through partnerships, seeking opportunities comprising of joint agreements for joint profit.
We believe that we are well positioned to take advantage of the increasing demand for products that require certain earth elements. Headquartered in Tokyo, we are geographically located close to rich deposits of rare earth metals.
Japan Commodity Exploration’s primary focus is on the exploration and development of the area around the Ogasawara Islands. Recently, it was found that the seabed in this location off of Japan contains millions of tons of rare earth elements and yttrium. We at Japan Commodity Exploration are poised to capitalize on these findings and significantly increase our industry presence and market share.
With our advanced technology, expert operators, effective management and efficient operations, Japan Commodity Exploration will be leading the Asian metals supply network by delivering long-term, cost-effective supplies to industries and reducing the reliance of Asian companies on those in other regions.