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Tokyo Gas President As Winter Approaches, LNG Spot Prices Could Rise Further, Depending On Weather, Pace Of Stock Depletion And Other Factors

By Reuters News

Nov 5 (Reuters) - Tokyo Gas Co Ltd 9531.T:

  • TOKYO GAS PRESIDENT: WILL KEEP A CLOSE EYE ON DEVELOPMENTS IN THE MIDDLE EAST CONFLICTS, CRUDE OIL AND LNG PRICES FOLLOWING U.S. MIDTERM ELECTIONS

  • TOKYO GAS PRESIDENT: NOT EXPECTING ANY SIGNIFICANT IMMEDIATE IMPACT ON OUR US BUSINESS, ALTHOUGH ENVIRONMENTAL REGULATIONS MAY CHANGE AFTER U.S. MIDTERM ELECTION

  • TOKYO GAS PRESIDENT: WE HAVE ALREADY WITHDRAWN FROM OFFSHORE WIND PROJECT AT KASHIMA IN IBARAKI PREFECTURE

  • TOKYO GAS PRESIDENT: WE SEE OFFSHORE WIND AS AN IMPORTANT ENERGY SOURCE WITH SIGNIFICANT POTENTIAL AND WILL CONTINUE PURSUING PROJECTS, INCLUDING FLOATING OFFSHORE WIND

  • TOKYO GAS PRESIDENT: AS WINTER APPROACHES, LNG SPOT PRICES COULD RISE FURTHER, DEPENDING ON WEATHER, PACE OF STOCK DEPLETION AND OTHER FACTORS

Source text: [ID:]

Further company coverage: 9531.T

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