• SHARE

SYDNEY (Kyodo) Chubu Electric Power Co. has signed a long-term sale and purchase agreement with U.S. energy giant Chevron Corp. that will secure liquefied natural gas for the next 25 years, Chevron’s Australian subsidiary announced Thursday.

The 43 billion Australian dollar ($38.7 billion) Gorgon Project will supply Chubu Electric with 1.44 million tons of LNG each year.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW