ExxonMobil

ExxonMobil, Chevron found Asia-Pacific advisory group

USA

IRVING, October 7, 2021 – A new gas and renewables advocate and watchdog called the Asia Natural Gas and Energy Association (ANGEA) was launched at the 10th Annual LNG Producer Consumer Conference on Tuesday.

 

The new association is meant to advise Asia-Pacific governments on energy policies to meet national demands, ease energy transition and achieve international goals set in the Paris Agreement.

ANGEA is founded by super-majors Chevron and ExxonMobil, Japan’s Jera, JGC Holdings Corporation and Mitsubishi Heavy Industries, Australia’s Santos and South Korea’s SK E&S Company.

“Asia Pacific will be 60% of the world’s economic growth by 2030. This will require nations to meet a significant increase in energy demand, while simultaneously switching to renewable and lower-carbon energy sources to meet energy security needs,” said Nigel Hearne, ANGEA chairman and president of Chevron’s EurAsia Pacific Exploration and Production Company.