Chevron signs Gorgon deal
Chevron has pencilled in another gas supply deal for its Gorgon LNG project.
The US oil and gas giant has signed a non-binding Heads of Agreement with China’s ENN Energy to receive 0.5 million metric tonnes of LNG a year for 10 years, with deliveries starting in 2018, or the first half of 2019.
Chevron midstream and development executive vice-president Mike Wirth said it was one more step in the development of the company’s Australian gas business and its global LNG portfolio.
“As first LNG production from the Gorgon project draws near, we welcome ENN as a new customer, ” Chevron Australia managing director Roy Krzywosinski said.
“This deal shows the competitiveness of LNG supply from Chevron’s Australian projects.”
The deal follows a recently announced non-binding HoA with China Huadian Green Energy Co. ENN Energy is one of the biggest natural gas distribution companies in China.
Chevron’s $US54 billion Gorgon project on Barrow Island is nearing completion.