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Chevron Secures a 15 year Deal for Natural Gas in Australia

Chevron Corporation  announced that its Australian subsidiaries have signed a Heads of Agreement (HOA) with the Korea Gas Corporation (KOGAS) for 1.5 million metric tons per annum (MTPA) of liquefied natural gas (LNG) from the Gorgon project.

As part of the arrangement, Chevron and KOGAS have an option to extend the 15-year agreement for a further [...]