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9502 Chubu Electric Power Co News Story

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Brief: Jera Global CEO Kani The Memorandum Of Understanding Just Signed With Korea Gas Regarding LNG Cargoes Swap Will Contribute To The Stability Of Supply For Both Parties

March 14 (Reuters) - Tokyo Electric Power Company Holdings Inc 9501.T:

JERA GLOBAL CEO KANI: SEES NO IMMEDIATE SHORTAGE OF LNG SUPPLY DESPITE THE MIDDLE EAST CONFLICT

JERA GLOBAL CEO KANI: OUR TEAM IS DISCUSSING ADDITIONAL LNG PROCUREMENT WITH EXISTING LONG-TERM SUPPLIERS

JERA GLOBAL CEO KANI: SHOULD THE CONFLICT IN THE MIDDLE EAST DRAG ON, WE MAY NEED TO WORK WITH THE GOVERNMENT TO CONSIDER MEASURES SUCH AS CALLING FOR ENERGY CONSERVATION AND BRINGING DORMANT COAL-FIRED POWER STATIONS BACK INTO OPERATION

JERA GLOBAL CEO KANI: THE MEMORANDUM OF UNDERSTANDING JUST SIGNED WITH KOREA GAS REGARDING LNG CARGOES SWAP WILL CONTRIBUTE TO THE STABILITY OF SUPPLY FOR BOTH PARTIES

Further company coverage: 9501.T

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