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KUALA LUMPUR, March 15 (Bernama): Sojitz Osaka Gas Energy Company Ltd (SOGEC) has concluded a supply agreement with Acecook Vietnam Joint Stock Company (ACV) to provide natural gas to ACV’s food plants.
SOGEC is a joint venture company between Sojitz Corporation (Sojitz) and Osaka Gas Co Ltd (Osaka Gas) while ACV is a subsidiary of Acecook Co Ltd.
According to a statement, SOGEC is concentrating its efforts on fuel switching from coal to natural gas, and this project marks the company’s first time supplying natural gas to an individual business.
This natural gas supply business will be a subsidised project under Japan’s Joint Crediting Mechanism (JCM) scheme. Additionally, this project will be undertaken in cooperation with the governments of Vietnam and Japan.