LNG importer and utility Osaka Gas reports rise in sales but profits hit by Freeport closure

Tuesday, 16 May 2023

Osaka Gas, a leading Japanese LNG importer, reported a 43 percent increase in consolidated net sales for the fiscal year to the end of March 2023, mainly due to higher prices for city-gas in Japan, though profits fell year-on-year because of the shut-down of Freeport LNG in Texas for most of the year from June and the higher cost of replacement cargoes.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial