Tokyo Gas (TYO:9531) has entered a 20-year agreement to purchase approximately one million tonnes of LNG annually from American supplier Venture Global, starting in 2030.

The LNG will be sourced from Venture Global's US facilities, which process domestic natural gas, including shale gas, according to its statement on Wednesday.

This strategic procurement diversifies Tokyo Gas's supply sources and is structured on flexible, free-on-board (FOB) terms without destination restrictions.

The move aligns with the company's management vision to enhance the reliability and flexibility of its LNG value chain for a stable energy supply.