MenuClose

  • JP
  • SearchClose
About JBIC
About JBIC

This page introduces information on JBIC's role and organization.

Close

Support Menu
Support Menu

JBIC offers a range of financial products and other services to our clients.

Close

Business Areas
Business Areas

Information about JBIC's activities in each business area and its efforts for environmental conservation.

Close

Public Information
Public Information

Various reports compiled and contributed by JBIC

Close

Sustainability
Sustainability

JBIC's Sustainability Initiatives

Close

Press Releases
Press Releases

Press-release-related web pages.

Close

Investor Relations
Investor Relations

This page introduces information on JBIC's investor relations.

Close

Loan for Hokkaido Electric Power to Finance Import of Fuels for Thermal Power Generation
Supporting Stable Procurement of Fuels for Power Generation by Japanese Electric Power Company

  • Region: Oceania
  • Energy and Natural Resources
  • Import Loans

January 15, 2014
 
  1. The Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Watanabe) signed today a loan agreement totaling up to JPY11 billion (JBIC portion) with Hokkaido Electric Power Company Incorporated (HEPCO). This loan was provided in coordination with the loans to HEPCO by Japanese private financial institutions and Development Bank of Japan Inc. (DBJ).
     
  2. The loan is to finance the import of fuels for thermal power generation (crude oil and coal) by HEPCO. In the aftermath of the Great East Japan Earthquake, a stable supply of electricity is recognized as an urgent issue for the lives of Japanese people and national economic activity. Looking forward to the near futures in this context, stable and sustained procurement of fuels for thermal power generation, including crude oil and coal, have become more important than ever as primary sources of energy.
     
  3. This loan will support a stable supply of electricity—a crucial factor for the Japanese to lead their lives—by securing a stable supply of energy resources to Japan through support for HEPCO in procuring fuels for thermal power generation.
     
  4. As Japan's policy-based financial institution, JBIC will continue to actively support Japanese companies to secure a stable supply of natural resources that are strategically important for Japan by drawing on its various financial facilities and schemes, thereby contributing to Japan's energy security.
     

Search press releases

Fiscal Years
Sectors
Region
Finance Menu