Note: The following press release is an English translation of the Japanese-language original

January 26, 2015
Company Name: Japan Petroleum Exploration Co., Ltd. (JAPEX)
President:

Osamu Watanabe

Inquiries:

Media and Investor Relations Department

TEL.:+81-3-6268-7110

Completion of “Koriyama North Gas Pipeline” andCommencement of Natural Gas Supply
Japan Petroleum Exploration Co., Ltd. (hereafter, “JAPEX”) announces completion ofthe Koriyama North Gas Pipeline, which JAPEX has been constructing between
Motomiya-City and Koriyama-City in Fukushima Prefecture, and commencement ofnatural gas supply on January 24th.
JAPEX has constructed and operated Niigata-Sendai Pipeline (261km, operationcommenced April 1996) and Shiroishi-Koriyama Pipeline (95km, operation commencedMarch 2007), and has been supplying natural gas along the pipelines through JAPEX’saffiliate, TOHOKU NATURAL GAS Co., Inc., established jointly with Tohoku ElectricPower Co., Inc.
The Koriyama North Pipeline is the 12km high pressure pipeline bifurcated from the
Shiroishi-Koriyama Pipeline, within Motomiya-City situated in the north ofKoriyama-City, and extends toward the Fukuyama-Town of Koriyama-City. JAPEX hasmade decision to start construction of this pipeline on July 24th, 2013 and has beenproceeding with construction since then (Please refer to the News Release as of July 24th,2013, “Koriyama North Pipeline to be Constructed”).
Tobu Gas Co., Ltd. Fukushima Branch (hereafter, “Tobu Gas”) has been supplying citygas

to Koriyama-City, from end point of Shiroishi-Koriyama Pipeline located in theWestern area of the Koriyama-city (Koriyama Valve Station). This time JAPEX has
constructed the Koriyama North Gas Pipeline to respond to the growing demand ofcustomers in Eastern area of the city, where industrial complex is located. By
construction of this pipeline, JAPEX will be able to respond more flexibly to thecustomer’s demands, mainly for industrial use.
Additionally, JAPEX has been promoting project to construct Soma LNG Terminal in
Soma Port (Shinchi-Town, Fukushima Prefecture) and new pipeline to connect thisTerminal and Niigata-Sendai Pipeline aiming to commence on March 2018. JAPEX willfurther promote integrated operation and supply system (“Gas Integration”), in order todeliver natural gas and LNG produced from domestic and international gas fields to ourcustomers, and will build energy network with excellent supply stability and security.
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【Outline of Koriyama North Pipeline】
Section:From Motomiya-City, Fukushima Prefecture (gas pipelinebifurcation point from the Shiroishi-Koriyama Pipeline) toFukuyama-Town of Koriyama-City, Fukushima Prefecture
Length:Approximately 12km

Diameter:

6 inches (150mm)

Design pressure:

6.86MPa

Commencement of service:

January 24th, 2015

【Natural gas pipeline network】

MiyagiSendai City

Yamagata Gas Pipeline（TOHOKU NATURAL GAS CO., INC.）LNG Receiving Terminal(NIHONKAI LNG CO., LTD)

Shiroishi
City

Niigata-Sendai Gas Pipeline

Niigata City

Fukushima

Niigata

Koriyama
CityNagaoka
CitySoma LNG Terminal（FID）

Shiroishi-Koriyama Gas Pipeline
Koriyama North Gas Pipeline

Motomiya City
Motomiya VS
Koriyama City

Koriyama North
Gas Pipeline

Shiroishi-Koriyama
Gas Pipeline
Koriyama VS※VS＝Valve Station

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