Under the terms of the deal, which is due to be finalized, ENN will receive up to 0.5 million metric tons per annum (MTPA) of LNG from the Chevron-operated Gorgon project starting in 2018 or the first half of 2019.
Chevron midstream and development executive vice-president Mike Wirth said: "This is one more step in the development of our Australian gas business and our global LNG portfolio."
"This deal shows the competitiveness of LNG supply from Chevron’s Australian projects."
Chevron has 47.3% interest in the Gorgon LNG project while Shell and ExxonMobil own 25% interest each. Additional partners include Osaka Gas with 1.25% stake, Tokyo Gas with 1% and Chubu Electric Power 0.417%.
Chevron Australia managing director Roy Krzywosinski said: "As first LNG production from the Gorgon project draws near, we welcome ENN as a new customer.
The Gorgon project includes development of the Gorgon field and the nearby Jansz-Io field located within the Greater Gorgon area in the Barrow sub-basin of the Carnarvon Basin.
In December 2015, Chevron signed an agreement to supply LNG from its Australian projects to China Huadian Green Energy.
As per the deal, Chevron agreed to supply up to one million tons per annum (MTPA) of gas for over a ten-year period from the Gorgon project and Wheatstone LNG project, which is also currently under development.
Image: ENN will receive LNG from the Gorgon project. Photo: courtesy of Chevron Corporation.
