{"id":472374,"date":"2021-04-07T03:56:12","date_gmt":"2021-04-07T07:56:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472374"},"modified":"2021-04-07T03:56:12","modified_gmt":"2021-04-07T07:56:12","slug":"chevron-and-hokkaido-gas-co-ltd-sign-lng-agreement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/chevron-and-hokkaido-gas-co-ltd-sign-lng-agreement\/","title":{"rendered":"Chevron and Hokkaido Gas Co., Ltd. Sign LNG Agreement"},"content":{"rendered":"

<\/p>\n

Chevron and Hokkaido Gas Co., Ltd. Sign LNG Agreement<\/b><\/p>\n

New agreement to bring LNG direct to growth area in strategic market<\/b><\/p>\n

SAN RAMON, Calif.–(BUSINESS WIRE<\/a>)–
\nChevron Corporation (NYSE: CVX) today announced its wholly-owned subsidiary Chevron U.S.A. Inc. (Singapore Branch) (\u201cCUSA\u201d) has signed a binding Sale and Purchase Agreement (SPA) with Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron\u2019s global LNG portfolio to the Hokkaido area.\n<\/p>\n

\nUnder the agreement, CUSA will supply Hokkaido Gas with about a half million tons of LNG over a period of five years starting April 2022.\n<\/p>\n

\n\u201cWe are delighted to design and execute a Sales and Purchase Agreement (SPA) with our new partner Hokkaido Gas that will bring Chevron LNG directly to Hokkaido, a key growth area. It broadens our customer base in Japan, a market that is foundational to our LNG business. This new SPA represents Chevron\u2019s commitment to collaborate with Hokkaido Gas in diversifying energy solutions and advancing a lower carbon future in the Hokkaido area,\u201d said John Kuehn, President of Chevron Global Gas, a division of CUSA.\n<\/p>\n

\nHokkaido Gas is an integrated energy company located in Sapporo, Japan which provides city gas, electricity and other high value-added energy services in Hokkaido region.\n<\/p>\n

\nChevron Corporation is one of the world’s leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company’s operations. Chevron is based in San Ramon, California. More information about Chevron is available at www.chevron.com<\/a>.\n<\/p>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210407005422\/en\/<\/a><\/span><\/p>\n

\nCam Van Ast — +61 8 9216 4462\n<\/p>\n

KEYWORDS:<\/b> California United States Japan North America Asia Pacific<\/p>\n

INDUSTRY KEYWORDS:<\/b> Alternative Energy Energy Oil\/Gas<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Chevron and Hokkaido Gas Co., Ltd. Sign LNG Agreement New agreement to bring LNG direct to growth area in strategic market SAN RAMON, Calif.–(BUSINESS WIRE)– Chevron Corporation (NYSE: CVX) today announced its wholly-owned subsidiary Chevron U.S.A. Inc. (Singapore Branch) (\u201cCUSA\u201d) has signed a binding Sale and Purchase Agreement (SPA) with Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron\u2019s global LNG portfolio to the Hokkaido area. Under the agreement, CUSA will supply Hokkaido Gas with about a half million tons of LNG over a period of five years starting April 2022. \u201cWe are delighted to design and execute a Sales and Purchase Agreement (SPA) with our new partner Hokkaido Gas that will bring Chevron LNG … <\/p>\n

Continue reading “Chevron and Hokkaido Gas Co., Ltd. Sign LNG Agreement”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-472374","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nChevron and Hokkaido Gas Co., Ltd. Sign LNG Agreement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/chevron-and-hokkaido-gas-co-ltd-sign-lng-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chevron and Hokkaido Gas Co., Ltd. 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