American energy company Chevron is extending its reach into Asia, signing a multi-billion dollar deal to supply liquefied natural gas from Australia to Japan and South Korea.
The Australian arm of the company will supply nearly 3 million tons to the two countries -- most of which will come from the Gorgon gas field.
Chevron owns a 50 percent stake in the field and will sell an equity share of more than one percent in the development to Osaka Gas and one percent to Tokyo Gas. Exxon Mobil and Royal Dutch...
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