Chevron LNG spend at $8.5Bln

Written by  John McKay
Monday, 02 February 2015
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Feb 2 (LNGJ) - Chevron Corp. will spend $35 billion in its capital and exploratory investment programme in 2015, 13 percent lower than the 2014 spending. For upstream, there will be around $12Bln in outlays on existing producing assets  and $14Bln is related to the construction of major capital projects already underway, primarily LNG where spending will be $8.5Bln. Global exploration funding will be about $3Bln.

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