Stable Long-Term Procurement of LNG
First written in FY2018. 2 of 5 entries say "Advanced", first in FY2024. Latest entry: 2026-06-01.
The whole theme swung hardest in 2022: 4 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- 2026-06-01AdvancedGeneral Meetings of Shareholders
「In addition, by diversifying LNG procurement sources, including entering into a new contract with JERA in December last year, we are working to reliably meet the expected future increase in natural gas (LNG) demand in Hokkaido while further improving the stability of energy supplies.」
A new contract with JERA and diversification of procurement sources were presented as specific progress in LNG procurement. - FY2024AdvancedAnnual report
「In addition, we have established an emergency supply-sharing procurement framework and combine it with rapid spot procurement to achieve more stable and flexible LNG procurement.」
In addition to portfolio contracts, the company specified an emergency supply-sharing procurement framework and rapid spot procurement, providing greater detail on the flexibility of LNG procurement. - FY2023ReframedAnnual report
「We rely on imports from overseas for most of our LNG feedstock, but procure it under portfolio contracts that identify no specific supply source across multiple long-term agreements. This enables alternative procurement in the event of problems at a supply project or with an LNG vessel. In addition to long-term contracts, we also combine short-term and spot procurement to secure stable and flexible LNG supplies.」
The description changed from contract terms and volumes with specific companies to a procurement policy combining portfolio contracts that identify no specific supply source with short-term and spot procurement. - FY2019RestatedAnnual report
「To secure stable long-term procurement of feedstock, we have entered into an LNG sale and purchase agreement with TOKYO GAS CO.,LTD. for the Ishikari LNG Base. The agreement runs through fiscal 2022, and annual procurement is planned at 300,000 to 400,000 tonnes.」
The existing description of planned annual procurement of 300,000 to 400,000 tonnes under the LNG sale and purchase agreement with TOKYO GAS CO.,LTD. through fiscal 2022 was retained. - FY2018First statedAnnual report
「To secure stable long-term procurement of feedstock, we have entered into an LNG sale and purchase agreement with TOKYO GAS CO.,LTD. for the Ishikari LNG Base. The agreement runs through fiscal 2022, and annual procurement is planned at 300,000 to 400,000 tonnes.」
The LNG sale and purchase agreement with TOKYO GAS CO.,LTD. was described as providing for annual procurement of 300,000 to 400,000 tonnes through fiscal 2022.