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Chevron, Hokkaido Gas Ink LNG Supply Deal
Maritime Activity Reports, Inc. April 7, 2021
For illustration only - First Chevron Wheatstone LNG cargo from Australia departing for Japan in 2017 (File Photo: Chevron)
U.S. oil and gas major Chevron has signed a deal with Japan s Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to Japan s Hokkaido area.
Under the agreement, Chevron will supply Hokkaido Gas with about a half million tons of LNG over a period of five years starting April 2022.
“We 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.