LNG

March 7 (LNGJ) - Chevron Corp. said at its annual meeting with analysts in New York that it intended to deliver more cash and output in 2018. “Even with no commodity price appreciation, we expect to deliver stronger upstream cash margins and production growth,” said Chief Executive Michael K. Wirth. “This is a powerful combination,” added Wirth. Chevron said that natural gas was an increasingly global commodity with steady demand and ample supply capacity. However, the US major said it expected to see an “LNG supply gap developing around 2025.”