Chevron & Energy Transfer Announce 20-Year LNG Supply Agreement
Key Takeaways CVX expands its LNG portfolio by adding 1M tpy from Energy Transfer's Lake Charles export project. The new SPA brings Chevron's total offtake from the facility to 3M tpy under long-term FOB-based contracts. The deal supports CVX's LNG strategy focused on diversity, security and access to key global markets.Chevron Corporation’s (CVX) subsidiary, Chevron U.S.A. Inc., has significantly strengthened its position in the global liquefied natural gas (“LNG”) market by executing an incremental Sale ...