CVX · News · 20260921N
LNG and Chemicals Segment
CHEVRON CORP · 2026-09-21 · Importance 59 · Surprise 42 · In source text
Chevron announced plans to build LNG supply capacity of 20 million metric tons across four continents, reflecting expectations for sustained long-term global LNG demand. The strategy was presented at the Gastech conference in Bangkok amid geopolitical disruptions that could support multi-year LNG investment. Chevron’s planned capacity expansion positions it against ExxonMobil, which raised its 2030 LNG sales forecast to 50 million tons per year.
Key facts
- Chevron aims for 20 million metric tons of LNG supply capacity across four continents. source
- Chevron announced ambitious plans for increased liquefied natural gas (LNG) production at the Gastech conference in Bangkok. source
- Chevron closed at $203.78 in the latest trading session, marking a -2.73% move from the prior day. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | — | Chevron aims for 20 million metric tons of LNG supply capacity across four continents. |