Brief: Tokyo Gas CFO Vast Majority Of Our LNG Is Procured Under Long- Or Mid-Term Contracts, With Spot Purchases Accounting For Only A Small Share
28/04/2026 06:58
April 28 (Reuters) - Tokyo Gas Co Ltd 9531.T: TOKYO GAS CFO: EXPECTING AN INCREASE IN ELECTRICITY PROCUREMENT COSTS DURING SUMMER DUE TO HIGHER LNG PRICES IN ASIA CAUSED BY THE MIDDLE EAST CRISIS TOKYO GAS CFO: NOT EXPECTING ANY IMPACT FROM A POSSIBLE STRIKE AT AUSTRALIA’S ICHTHYS LNG PLANT ON OUR SUPPLY, AS WE CAN FULLY ABSORB IT THROUGH SUPPLIES FROM OTHER PROJECTS TOKYO GAS CFO: VAST MAJORITY OF OUR LNG IS PROCURED UNDER LONG- OR MID-TERM CONTRACTS, WITH SPOT PURCHASES ACCOUNTING FOR ONLY A SMALL SHARE Further company coverage: 9531.T
Recent news on Tokyo Gas
See all newsTokyo Gas withdraws from Ibaraki offshore wind project
Brief: Tokyo Gas President As Winter Approaches, LNG Spot Prices Could Rise Further, Depending On Weather, Pace Of Stock Depletion And Other Factors
Brief: Tokyo Gas CFO: We Don’T Anticipate Any Issues With Lng Supply During Winter Demand Season As We Procure More Than 90% Of Our Lng Under Long-Term Contracts
To Buy Back Up To 3.6% Of Shares Worth 50 Billion Yen
Table: Tokyo Gas -6-MTH group results