Itochu Corporation

One of the biggest transnational corporations of Japan. Founded in 1866. Headquartered in Tokyo. Its annual turnover is US$ 160 billion. Over 8,000 people are employed in the corporation. It has 816 subsidiaries and representations in 164 countries. It has been realizing investment projects in oil and gas sphere since it opened its office in Azerbaijani in 1996. Itochu has 3,9% shares in the 1994 contract on joint developments in the Azeri-Chirag-Guneshli oil deposit and 20% shares in the 1997 contract on joint developments in Ashrafi and Dan Ulduzu oil deposits.