EnergyReader · 2026-08-03 19:56

Tokyo Gas Holds Electricity Lead as Japan Bets on New Gas-Fired Capacity

By EnergyReader Newsroom · August 3, 2026

Tokyo Gas published results for the first quarter ended June 2026 on Thursday (2026-07-30), releasing the first reading of how Japan's leading city gas distributor fared through a spring defined by LNG spot price pressure and an intensifying electricity market. JKM, the Asian LNG spot benchmark, held at $21.25/MMBtu on Monday (2026-08-03), the input cost against which Japanese gas-to-power margins are running.

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