Chevron does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company's capital and it can easily sell its U.S. gas, said a top official on Thursday.

Chevron (NYSE:CVX) does not plan to invest in the construction of U.S. liquefied natural gas plants, which are not the best use of its capital and the company can easily sell its U.S. gas, the head of its midstream business told Reuters in an interview on Thursday.

The company’s strategy in the US liquefied natural gas (LNG) market now involves sales and purchase agreements (SPAs) with LNG developers.

Two people were injured after a fire at the Chevron Plant on Thursday, Sept. 19, according to the Ascension Parish Sheriff's Office. The facility is at 36187 Louisiana 30 W., Geismar.

At least two people are injured after a fire at a plant in Geismar on Thursday morning, Sept. 19, according to the Ascension Parish Sheriff’s Office.

A fire broke out at the Chevron plant in Geismar in Ascension Parish, the sheriff's office said. Two people were injured. The fire has been extinquished.