Chevron signs HOA for Gorgon, Wheatstone LNG

Chevron Corp. has signed a nonbinding heads of agreement with China Huadian Green Energy Co. Ltd. for the supply of LNG from the Gorgon and Wheatstone projects off Western Australia.

When the deal is finalized, China Huadian will receive as much as 1 million tonnes/year of LNG for 10 years beginning in 2020.

China Huadian is a subsidiary of China Huadian Group, one of the largest state-owned electric power generation companies in China.

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