Chevron has announced it has signed deals to sell $70 billion worth of LNG from the Gorgon gas project to Japanese and South Korean companies.
Australian Prime Minister Kevin Rudd has told Parliament that the 20-25-year deal will provide 3 million tonnes of LNG to the companies every year.
The record trade deal smashes ExxonMobil's $50 billion deal last month to sell gas to PetroChina.
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