Chevron, Korea Gas strike preliminary agreement on LNG from Gorgon

09/15/2009 | Wall Street Journal, The

Chevron has entered into a preliminary deal with Korea Gas to provide liquefied natural gas from its Gorgon LNG project in Western Australia. The contract is expected to last 15 years and will involve supplying 1.5 million metric tons of LNG per year. Chevron expects to deliver its first gas shipment to Korea Gas by 2014.

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