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Rpt-Jera Executive Procured LNG On Spot Market To Make Up For Shortfall From Qatar Energy, But This Didn’T Have A Significant Impact On Overall Earnings

By Reuters News

Oct 30 (Reuters) - Chubu Electric Power Co Inc 9502.T:

  • JERA EXECUTIVE: GENERATED 25.5 BILLION YEN (NOT 17 BILLION YEN) IN PROFIT FROM LNG RESALES IN APRIL-SEPTEMBER, REFLECTING WEAKER ELECTRICITY DEMAND DUE TO COOLER SUMMER WEATHER

  • JERA EXECUTIVE: WE HAVE SECURED SUFFICIENT LNG STOCKS TO MEET OUR NEEDS THROUGH DECEMBER

  • JERA EXECUTIVE: PROCURED LNG ON SPOT MARKET TO MAKE UP FOR SHORTFALL FROM QATAR ENERGY, BUT THIS DIDN’T HAVE A SIGNIFICANT IMPACT ON OVERALL EARNINGS

Source text: [ID:]

Further company coverage: 9502.T

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