Shizuoka Gas : Conclusion of an LNG Sale and Purchase Agreement

May 8, 2026

Tokyo Gas Co., Ltd. Shizuoka Gas Co., Ltd.

Tokyo Gas Co., Ltd. (President: Shinichi Sasayama, "Tokyo Gas") and Shizuoka Gas Co., Ltd. (President: Yoshitake Matsumoto, " Shizuoka Gas " ) have entered into a sale and purchase agreement (the "Agreement") of liquefied natural gas ("LNG"). Under the Agreement, Tokyo Gas will deliver 5 cargoes of LNG per year to Shizuoka Gas from 2027.

The Agreement marks the first long-term LNG sale and purchase between Tokyo Gas and Shizuoka Gas. Upon the commencement of the Agreement, Tokyo Gas will become one of the main LNG suppliers of Shizuoka Gas.

In recent years, amid increased volatility in the energy market due to the heightened geopolitical risks, the importance of diversifying LNG supply chains has grown. This Agreement will contribute to such diversification by expanding LNG flows between utilities and, in doing so, help strengthen energy security.

[Overview of the Agreement]

Tokyo Gas' Management Vision, "Compass 2030," emphasizes the transformation of the LNG Value Chain. Tokyo Gas Group is committed to ensuring a stable energy supply by expanding and diversifying its LNG transactions.

Shizuoka Gas Group announced its 2050 Carbon Neutral Vision in August 2021, outlining a roadmap towards carbon neutrality. Shizuoka Gas Group is committed to accelerating low carbonization by stable procurement of LNG and materializing carbon neutrality together with both its existing and potential customers.

＊: A cargo refers to the loading/unloading unit of a single LNG vessel, typically around 60,000-70,000 tonnes.