“The Yoyo-Yolanda project is central to Chevron’s strategy of supporting long-term liquefied natural gas supply and leveraging existing infrastructure at Alen and Punta Europa,” Jim Swartz, managing director for Chevron Nigeria and the mid-Africa region said in Tuesday’s statement.
Swartz’s comments followed the signing of a legal contract between Cameroon and Equatorial Guinea on Tuesday that combined the separate leases into a single unit for joint development of the field.
(Reporting by Wendell Roelf, Editing by Louise Heavens)
