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Chevron USA signs LNG agreement with GS Caltex

Gasoil News - Published on Mon, 18 Feb 2019

Image Source: PetrolWorld
Chevron USA Inc, a wholly owned subsidiary of Chevron Corp, announced the signing of a sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas to South Korea from Chevron’s global supply portfolio. As a joint venture between Chevron and GS Energy, GS Caltex has signed a long-term agreement and will begin receiving LNG in October 2019.

Chevron’s President of Global Gas, Hugh Connett stated the agreement is another indication of the significance of the long-standing relationship between Chevron and GS Caltex. Connett said that “We’re proud of our partnership with GS Caltex and we welcome this opportunity to build on that relationship by supplying LNG to South Korea’s growing market.”

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Posted By : Rabi Wangkhem on Mon, 18 Feb 2019
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