Brief: Japex Executive We Have Secured Three LNG Cargoes For Fy2026 As Substitute For Middle Eastern Supplies

Japan Petroleum Exploration Co

13/05/2026 07:00

May 13 (Reuters) - Japan Petroleum Exploration Co Ltd 1662.T:

JAPEX EXECUTIVE:  WE HAVE SECURED THREE LNG CARGOES FOR FY2026 AS SUBSTITUTE FOR MIDDLE EASTERN SUPPLIES

JAPEX EXECUTIVE:  FY2026 PROFIT FORECAST INCLUDES NO REVENUE FROM IRAQ'S GARRAF OIL FIELD

JAPEX EXECUTIVE:  NO PROSPECT OF RESUMPTION OF PRODUCTION AND SHIPMENTS AT GARRAF, SUSPENDED UNDER IRAQI GOVERNMENT INSTRUCTIONS

JAPEX EXECUTIVE:  LNG PROCUREMENT COSTS FROM SECURING SUBSTITUTE CARGOES ARE EXPECTED TO INCREASE BY 15.6 BILLION YEN IN FY2026

JAPEX EXECUTIVE:  MAY PROCURE ANOTHER ALTERNATIVE LNG CARGO IN SECOND HALF OF THIS FY, DEPENDING ON GAS AND ELECTRICITY SUPPLY SITUATION

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Further company coverage: 1662.T

 (Reporting by Yuka Obayashi)

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