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9502 Chubu Electric Power Co News Story

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Brief: Jera Executive - We Are Closely Monitoring Developments Regarding Sakhalin-2 LNG As Nearly 10% Of Our Imported LNG Comes From The Russian Project

Oct 31 (Reuters) - Tokyo Electric Power Company Holdings Inc 9501.T:

JERA EXECUTIVE: WE ARE CLOSELY MONITORING DEVELOPMENTS REGARDING SAKHALIN-2 LNG AS NEARLY 10% OF OUR IMPORTED LNG COMES FROM THE RUSSIAN PROJECT

JERA EXECUTIVE:  NO PLANS NOW TO BOOK NEGATIVE ACCOUNTING IMPACT OF OFFSHORE WIND POWER PROJECTS IN JAPAN AND THE UNITED STATES

JERA EXECUTIVE:  STILL PROCEEDING WITH ASSESSMENT OF ALASKA LNG PROCUREMENT BY GATHERING INFORMATION ON ECONOMIC VIABILITY, SUPPLY STABILITY AND OTHER FACTORS

JERA EXECUTIVE:   EVEN IF LNG IMPORTS FROM SAKHALIN-2 WERE BANNED, WE HAVE THE CAPACITY TO SECURE ALTERNATIVE SUPPLIES

Source text: [ID:]

Further company coverage: 9501.T

 (Reporting by Yuka Hayashi)

 ((Satoshi.Sugiyama@thomsonreuters.com;))

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