Osaka Gas Co Ltd (9532.T)
14 Jun 2019
Latest Key Developments (Source: Significant Developments)
May 24 (Reuters) - Osaka Gas Co Ltd <9532.T>:Says it plans to transfer partial electricity sales business to CD Energy Direct Co.,Ltd., with effective date on Aug. 1.Says it will acquire 3,000 shares of CD Energy Direct . Full Article
April 3 (Reuters) - Osaka Gas Co Ltd <9532.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA+"-R&I.Rating outlook stable-R&I. Full Article
Sept 28 (Reuters) - Japan's Tokyo Electric Power (Tepco) <9501.T>, JXTG <5020.T> and Osaka Gas <9532.T>::Three firms say to form a new venture for city gas production and supply in Kawasaki, near Tokyo.Tepco to take 69 pct stake, while JXTG and Osaka Gas to take 16 percent and 15 pct stakes, respectively.Three firms to build a calorific adjustment facility to make city gas with capacity of 270 tonnes per hour.Facility to start operations in April 2020 and help supply city gas and provide feedstock gas to Tepco's Shinagawa gas-fired power plant . Full Article
Sept 5 (Reuters) - Nikkei::Osaka Gas to contribute gas production expertise for city-gas production JV with Tokyo Electric Power Co,JXTG Holdings; operations targeted to begin in 2020 - Nikkei.TEPCO appears likely to control 69% of JV to be created to handle construction, operation of facility; JXTG, Osaka Gas hold 16%, 15%, respectively - Nikkei. Full Article
SINGAPORE Asian spot prices for liquefied natural gas (LNG) snapped three straight weeks of gains this week as more spot cargoes filled the market while levels in storage tanks in the main demand region of North Asia remained relatively high.