Tokyo Gas says Iran-Israel conflict unlikely to impact LNG buying

Tokyo Gas sees no direct impact on its liquefied natural gas (LNG) procurement from the Iran-Israel conflict, a company executive said on Wednesday.

"Since we don't import LNG from Qatar or UAE, our LNG procurement is not directly affected at this time," Nobuhiro Sugesawa, senior managing executive officer, told Reuters.

"But we are monitoring the situation with the utmost interest," he said, noting that escalating tensions in the Middle East could drive up LNG prices and disrupt global supply.