The Gas Strategies interview-Shigeru Muraki

摘要

Diversification is the key to Tokyo Gas's strategy to ensure that the supply is available to meet growing demand and at the most competitive prices, according to Shigeru Muraki, who was appointed director and vice chairman of the board from 1 April 2014. Tokyo Gas limits as much as possible the portion of LNG sourced from any single country to a maximum of 30% of its total portfolio. Aside from using alternative indices such as Henry Hub, Muraki says Tokyo Gas is looking to lower LNG prices through a number of means. In particular, it plans to start an LNG trading business. This will confer a number of advantages, not least the opportunity to resell LNG cargoes to customers in Asia and Europe. Taking a global portfolio approach in its LNG business opens up the possibility of asset optimisation.