"LNG-fired power will be important for the next 20 years" - Osaka Gas

According to The Asahi Shimbun, Osaka Gas announced its medium-term management plan for the three-year period beginning in fiscal 2024. At the same time, the company also revealed its goal of increasing ordinary income from the current level of around 150 billion yen to 200 billion yen in FY30. In addition to expanding its domestic thermal power generation and liquefied natural gas (LNG) wholesale business, the company plans to focus on its overseas business.
Energy companies are under pressure to shift away from fossil fuels amid the global trend toward decarbonization. However, Masataka Fujiwara, president of Osaka Gas, explained at a press conference, "For the next 20 years or so, thermal power generation using LNG will be important. While focusing on sales of electricity and LNG, the company will further prepare concrete measures for the future of energy during the three years of the mid-term business plan.

https://digital.asahi.com/articles/ASS376DW2S37ULFA01M.html
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