March 8 (LNGJ) - Chevron Corp.’s new energies division has signed a memorandum of understanding (MOU) with Japan’s largest LNG buyer JERA Co. Inc. that provides a framework for their collaboration on carbon capture and storage (CCS) projects in the United States and Australia. “This MOU has the potential to expand the significant LNG relationship that Chevron and JERA have today and further demonstrates the commitment and dedication both companies have to advancing lower carbon solutions,” said a statement.
“We have a long-standing LNG relationship with JERA that continues to progress, with the intent of bringing affordable, reliable, and ever-cleaner solutions to our customers,” added Chris Powers, Vice President of Carbon Capture Utilization and Storage at Chevron.
