Chevron Corporation, with headquarters in San Ramon, California, has recently declared that its Australian subsidiaries has signed a non-binding Heads of Agreement (HoA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from the Chevron-operated Gorgon natural gas project in Australia. When the deal is finalized, ENN is expected to receive up to 0.5 million metric tons per annum (MTPA) of LNG over 10 years.
This HoA follows the recently announced non-binding LNG supply HoA with China Huadian Green Energy Co., Ltd. The Gorgon Project is a joint venture of the Australian subsidiaries of Chevron, ExxonMobil, Shell, Osaka Gas, Tokyo Gas and Chubu Electric Power.