Chevron Corporation announced that its wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a binding LNG Sales and Purchase Agreement (SPA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas to China from Chevron’s global supply portfolio.
Under the terms of the SPA, ENN will receive up to 0.65 million metric tons per annum (MTPA) of LNG over 10 years, with the first delivery expected to start in 2018 or the first half of 2019.
The SPA delivery requirements are expected to be fulfilled by Chevron’s growing LNG portfolio, including the company’s Australian LNG interests at Gorgon, Wheatstone and the North West Shelf.
ENN LNG Trading Company Limited is one of the subsidiaries of ENN Energy Holding Ltd.
Category | 2023 | 2024Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
Total Capital Expenditure($mm) |
Production Daily Equivalent(boe/d) |
Related Categories :
LNG / CNG
More LNG / CNG News
-
Conoco Seals $1.4B Deal with Origin for Australia Pacific LNG Interest
-
Chevron Inks LNG Deal with Hokkaido Gas Co.
-
Pieridae Energy Third Quarter 2020 Results
-
Kinder Morgan, EIG Put Final Stage of Elba LNG Expansion In-Service
-
US LNG Cargoes Face Cancellations for August
Austral-Asia News >>>
-
Chevron First Quarter 2023 Results -
-
Chevron Fourth Quarter, Full Year 2022 Results -
-
Chevron Third Quarter 2022 Results -
-
Civeo Corp. Second Quarter 2022 Results; Raises Guidances -
-
Chevron Promotes Knowles to VP / Controller Role -