02 Nov, 23

Chevron Negotiates 15-Year LNG Supply Deals With European Buyers

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U.S. supermajor Chevron is in talks to supply LNG to Europe in deals of up to 15 years as European buyers have moved from spot and short-term supply to longer-term deliveries after the Russian invasion of Ukraine, a Chevron executive has told Reuters. “European customers want medium-term deals in the up to 15 years space and we’re working on some commercial deals,” Colin Parfitt, head of Chevron’s trading, shipping and pipeline operations, told Reuters. Before the Russian invasion of Ukraine and the halt of most Russian…

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