BRIEF-Cosmo CEO - Will Consider All Possible Options For Crude Oil Procurement That Bypass Strait Of Hormuz

June 18 (Reuters) - Cosmo Energy Holdings Co Ltd 5021.T:

  • PLAN TO INVEST 300 BILLION YEN IN OIL AND NEXT-GENERATION ENERGY BY FY2035, 300 BILLION YEN IN RESOURCE DEVELOPMENT, 200 BILLION YEN IN ELECTRICITY SUPPLY CHAIN AREAS

  • CEO: WE WILL CONTINUE TO EXPAND CRUDE OIL PRODUCTION IN ABU DHABI UNDER NEW MED-TERM BUSINESS PLAN

  • CEO: WE WILL CONSIDER ALL POSSIBLE OPTIONS FOR CRUDE OIL PROCUREMENT THAT BYPASS THE STRAIT OF HORMUZ

  • TO CONSIDER EXPANSION INTO NATURAL GAS DEVELOPMENT BUSINESS BY FY2028

Further company coverage: 5021.T


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.