Financial Results for Nine Months Ended December 31, 2023
II. Financial Results for the Nine Months Ended December 31, 2023
E&P Business Sales (Year-on-Year)
1-3Q FY3/23 (a)
1-3Q FY3/24 (a)
Net sales: Million Yen
Unit
Sales volume
Net sales
Sales volume
Net sales
Sales volume
E&P Business
35,902
72,841
Breakdown
Change
JAPEX
Net sales
+36,938
+103%
Crude oil
402
35,672
1,000
72,350
+597
+148%
+36,678
+103%
Crude oil - Japan
173
Thousand KL
15,964
161
12,778
[1] (11)
(7%)
(3,186)
(20%)
*1
Crude oil Overseas
-
213
18,283
823
58,369
[2] +609
+285%
+40,085
+219%
Purchased crude oil
15
1,424
15
1,203
(0)
(1%)
(221)
(16%)
Natural Gas - Overseas
*2
Million M3
5
230
42
490
+37
+712%
+260
+113%
Main factors for change
[1] Decrease in sales volume and sales price
[2] Increase in sales volume of Iraq Garraf project and U.S. tight oil development
*1 Amounts of overseas consolidated subsidiaries, Japex Garraf Ltd., and Japex (U.S.) Corp.
*2 Amounts of overseas consolidated subsidiary, Japex (U.S.) Corp.
Copyright 2024 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved.
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