CVX · News · 20260914N

LNG and Chemicals Segment

CHEVRON CORP · 2026-09-14 · Importance 34 · Surprise 42 · In source text

Chevron is exploring natural-gas portfolio expansion in Argentina and the eastern Mediterranean to support a targeted LNG supply capacity of 20 million metric tonnes per annum. The company is evaluating additional opportunities in Australia and Africa and seeking an LNG supply or commercial agreement in India. Chevron is diversifying supply sources and contracting structures after geopolitical disruptions affected global gas markets. Management is weighing these potential investments against alternative capital allocation, including possible investments in Venezuela.

Key facts

• Chevron aims for a total LNG supply capacity of 20 million metric tonnes per annum. source
• Chevron plans to expand its global gas portfolio in regions like Argentina and the Mediterranean to meet increasing demand for energy security. source
• Chevron hopes to secure a deal in India related to its gas/LNG activities. source
• Chevron is weighing investments in Venezuela as part of its global gas portfolio considerations. source
• Chevron said it aims to diversify its supply and contracting structures following recent disruptions in global gas markets. source
• Chevron is looking for future opportunities in Australia and Africa. source

Impact estimates