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You are here: Home Archive 2010 January Weekly Edition 14th January 2010 Chevron and Nippon enter 15-year Gorgon deal

Chevron and Nippon enter 15-year Gorgon deal

by Sineva Toevai last modified Jan 15, 2010 09:43 AM

CHEVRON Australia and Japan’s Nippon Oil have signed a heads of agreement for the annual delivery over 15 years of 300,000 tonnes of liquefied natural gas from its $43bn Gorgon project. The latest deal is among a spate of LNG contracts Chevron has secured in recent months.

Chevron, which holds a 47% stake in Western Australia’s Gorgon project, signed a 15-year agreement last September with Korea Gas Corporation for the delivery of 1.5m tonnes of LNG.
The Perth-based company also has contracts with Japan’s Osaka Gas and...

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