HOKKAIDO GAS CO.,LTD. [9534.T]

TOKYO, Apr 30 (Pulse News Wire) – Hokkaido GAS CO.,LTD. (9534.T) decided today to continue evaluating the construction of a new LNG base and related facilities aimed at promoting green energy (GX) in Tomakomai East Port beyond its initial planning period of fiscal 2024 to 2025.

The evaluation, which began in January 2025, focuses on infrastructure development that could serve as a carbon-neutral hub for future hydrogen and e-methane applications. The project includes the installation of LNG receiving equipment, storage tanks, vaporizers, and transportation facilities for domestic ships and trucks. Additionally, the company plans to explore the integration of hydrogen and e-methane utilization systems.

Hokkaido Gas stated that detailed schedules will be communicated based on progress updates. The initiative aligns with the company's broader goals of expanding renewable energy adoption across Hokkaido and enhancing efficient energy systems through digital technology. Evaluating potential LNG demand growth, Hokkaido Gas aims to ensure stable energy supply and contribute to the advancement of GX in the region.

The proposed site is located within the Tomakomai port area, owned by the Tomakomai Port Management Association.

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