Tokyo Gas President: Currently No LNG Procurement From Middle East But We Remain Prepared To Ensure Stable Supply

March 25 (Reuters) - Tokyo Gas Co Ltd 9531.T President:

• ALTHOUGH THERE ARE CURRENTLY NO LNG PROCUREMENT FROM THE MIDDLE EAST, WE REMAIN PREPARED TO ENSURE A STABLE SUPPLY

• WE MAINTAIN COMMUNICATION WITH AUSTRALIAN GOVERNMENT OFFICIALS AS NEEDED AND URGING THEM TO ENSURE THERE ARE NO DISRUPTIONS TO EXISTING OPERATIONS OR STABLE ENERGY SUPPLY

• IF MANUFACTURING CUSTOMERS SCALE BACK OPERATIONS DUE TO A SHORTAGE OF NAPHTHA OR SIMILAR FACTORS, THIS COULD HAVE AN IMPACT ON OUR GAS SALES

• AS WE PROCURE LPG UNDER LONG-TERM CONTRACTS, THERE IS NO IMMEDIATE IMPACT FROM THE MIDDLE EAST CRISIS

• MAY CONSIDER INVESTING IN COMPANIES PLANNING TO BUILD LNG EXPORT TERMINALS IN U.S. BUT WITH COSTS RISING WE NEED TO ASSESS ECONOMIC VIABILITY