Brief: Jera Executive - Due To The Cancellation Of Our LNG Contract With Us Commonwealth, Our New Procurement Volume From Us Has Fallen To 4.5 Mln Tons From 5.5 Mln Tons

Chubu Electric Power Co

27/04/2026 03:56

April 27 - Tokyo Electric Power Company Holdings Inc 9501.T:

JERA EXECUTIVE: THE MIDDLE EAST CRISIS HAS NOT HAD A SIGNIFICANT IMPACT ON OUR FY25 FINANCIAL RESULTS

JERA EXECUTIVE: WE ARE ABLE TO MAINTAIN ADEQUATE STOCK LEVELS OF THE FUELS REQUIRED FOR POWER GENERATION FOR THE TIME BEING

JERA EXECUTIVE: NOT DISCLOSING PROFIT FORECAST FOR FY2026 AS OUTLOOK FOR RESOURCE PRICES AND FUEL PROCUREMENT REMAINS UNCERTAIN DUE TO THE IRAN CRISIS

JERA EXECUTIVE: WE ARE CONCERNED THAT ELECTRICITY AND GAS PRICES IN JAPAN WILL SOAR AROUND SUMMER, AS FUEL PRICES HAVE BEEN RISING SINCE MARCH

JERA EXECUTIVE: MONITORING HOW THE MIDDLE EAST CRISIS WILL AFFECT OUR NEW LONG-TERM LNG CONTRACT WITH QATAR, WHILE MAINTAINING CLOSE CONTACT WITH THE SUPPLIER

JERA EXECUTIVE: WE HAVE SECURED SUFFICIENT FUNDING AT CURRENT COMMODITY PRICES AND NO NEED TO SEEK ADDITIONAL FUNDING FOR NOW

JERA EXECUTIVE: WE HAVE SECURED ADEQUATE LNG STOCKS TO LAST UNTIL JULY AT PRESENT

JERA EXECUTIVE: CLOSELY MONITORING THE POTENTIAL STRIKE AT ICHTHYS LNG PROJECT IN AUSTRALIA TO ASSESS WHAT IMPACT IT MIGHT HAVE ON SUPPLY

JERA EXECUTIVE: DUE TO THE CANCELLATION OF OUR LNG CONTRACT WITH US COMMONWEALTH, OUR NEW PROCUREMENT VOLUME FROM US HAS FALLEN TO 4.5 MILLION TONS FROM 5.5 MILLION TONS

Source text: [ID:]

Further company coverage: 9501.T