Tokyo Gas CEO - Decision On Offtake From Alaska LNG Project Will Ultimately Depend On Whether The Terms And Economics Are Favorable

Oct 29 (Reuters) - Tokyo Gas Co Ltd 9531.T:

• TOKYO GAS CEO: DECISION ON OFFTAKE FROM ALASKA LNG PROJECT WILL ULTIMATELY DEPEND ON WHETHER THE TERMS AND ECONOMICS ARE FAVORABLE

• TOKYO GAS CEO: NO IMMEDIATE SUPPLY ISSUES WITH RUSSIA’S SAKHALIN-2 LNG

• TOKYO GAS CEO: WILL CONSULT WITH THE JAPANESE GOVERNMENT REGARDING THE FUTURE PURCHASE OF SAKHALIN-2 LNG

• TOKYO GAS CEO: BY ADOPTING A PROGRESSIVE DIVIDEND POLICY AS OUR FOUNDATION, WE AIM TO ESTABLISH A MORE PREDICTABLE SHAREHOLDER RETURN POLICY

• TOKYO GAS CEO: AMONG OVERSEAS OPERATIONS, WE WILL PRIORITIZE EXPANDING BUSINESS IN THE U.S., WHICH SHOWS STRONG GROWTH POTENTIAL

• TOKYO GAS CEO: WE ARE NOT IN TALKS WITH THE JAPANESE GOVERNMENT REGARDING RENEWAL OF LONG-TERM SAKHALIN-2 LNG CONTRACT

• TOKYO GAS CEO: THE CONSIDERATION OF ALASKA LNG OFFTAKE IS NOT DIRECTLY RELATED TO THE SAKHALIN-2 LNG CONTRACT

• TOKYO GAS CEO: OFFSHORE WIND HAS STRONG MEDIUM- TO LONG-TERM POTENTIAL, AND WE WILL CONTINUE PURSUING IT WHILE ASSESSING ITS ECONOMIC VIABILITY

Source text: [ID:]