LNG

Oct 30 (LNGJ) - Chubu Electric Power Co., whose LNG procurement is handled by Jera Co Inc., a joint venture with Tokyo Electric Power Co., has merged its own regional domestic power and gas subsidiaries to better adapt to the deregulated Japanese market. Chubu Electric Power and Chubu Gas have formed a new company called CS Energy Services to be based in Toyohashi City in Aichi Prefecture. “CS Energy Services will fully harness the business foundation and management resources that Chubu Electric and Chubu Gas have garnered to provide competitive gas and electricity bundled plans based on a framework of security and stable supply,” said Chubu. CS Energy will particularly target corporate customers in the Higashi Mikawa region in Aichi Prefecture and the Seien region in Shizuoka Prefecture.