Chevron Corp., the second-largest US oil and gas company and a leading participant in the LNG market with two plants in Western Australia, has agreed a $50 billion deal to buy US energy company Anadarko Petroleum, one of America’s leading independent producers and a key stakeholder in Mozambique LNG assets.
Woodside Petroleum, the operator of two LNG export plants in Western Australia and with expansion plans, has signed a preliminary accord with the privately-run Chinese ENN Group to provide supplies over a 10-year period.
Chevron, the US major whose assets include with two large liquefied natural gas plants in Western Australia, said it signed a sales and purchase agreement with GS Caltex Corp. for the delivery of LNG to South Korea from Chevron’s global supply portfolio.
Woodside, the operator of the North West Shelf and Pluto LNG export plant in Western Australia, has entered into a long-term domestic natural gas sales agreement with bauxite mining and aluminium company Alcoa Australia Ltd as Woodside expands its production activities.