Brief: Japan's Kansai Electric Official: Expects No Major Immediate Changes In U.S. LNG Supply Under Trump Administration, As It Was Growing Even Under Biden Administration

Kansai Electric Power Co

31/01/2025 08:03

Jan 31 (Reuters) - Kansai Electric Power Co Inc
 9503.T :
    * KANSAI ELECTRIC OFFICIAL: SOLD PART OF ITS STAKE IN
BRITISH
POWER DISTRIBUTION COMPANY ELECTRICITY NORTH WEST IN
OCTOBER-DECEMBER PERIOD
    * KANSAI ELECTRIC OFFICIAL: THE PARTIAL SALE OF ELECTRICITY
NORTH
WEST STAKE RESULTED IN ONE-OFF GAIN OF 63 BILLION YEN
    * KANSAI ELECTRIC OFFICIAL: ITS STAKE IN ELECTRICITY NORTH
WEST
FELL TO 12% FROM 40% AFTER THE SALE
    * JAPAN'S KANSAI ELECTRIC OFFICIAL: EXPECTS NO MAJOR
IMMEDIATE
CHANGES IN U.S. LNG SUPPLY UNDER TRUMP ADMINISTRATION, AS IT WAS
GROWING EVEN UNDER BIDEN ADMINISTRATION
    * KANSAI ELECTRIC OFFICIAL: WANT TO CAREFULLY ASSESS TRUMP’S
POLICIES BEFORE DECIDING ON LNG PROCUREMENT AND INVESTMENT,
GIVEN RISK OF HIM IMPLEMENTING SUDDEN AND VARIED MEASURES TO
BENEFIT THE U.S.

Further company coverage:  9503.T 

 (Reporting by Yuka Obayashi)