Chevron Targets LNG Expansion Across Four Continents

Chevron is seeking to expand its natural gas business across Argentina, the Mediterranean, Africa, and Australia to offer diversified liquefied natural gas supply to global buyers. Freeman Shaheen, President of Global Gas at Chevron, shared the strategy with Reuters on Monday 14 September 2026 on the sidelines of an industry conference in Thailand.

The push follows supply disruptions in the Middle East that trapped shipments from Qatar and the United Arab Emirates. Chevron aims to give customers contracting diversity that does not depend on a single shipping chokepoint.

In Argentina, Chevron is increasing its presence in the Vaca Muerta shale formation. Across the East Mediterranean, the company is assembling an exploration portfolio in offshore blocks near Greece and Cyprus.

In Australia, Chevron already operates the 15.6 million-ton Gorgon project and the 8.9 million-ton Wheatstone facility. Together, those two assets represent roughly 5% of global liquefied natural gas supply. Meanwhile, off the coast of Angola in Africa, the producer announced a discovery last month that struck over 2,000 feet of hydrocarbons in a Block 0 exploration well.