Chevron, Chubu Electric sign Wheatstone LNG agreements

Chevron Corp. has signed a binding long-term sales and purchase agreement with Chubu Electric Power Co. for Chubu to take 1 million tonnes/year of LNG from the Wheatstone project off Western Australia. The uptake will be for 20 years.

Chubu is already a partner and customer for Chevron’s Gorgon LNG project on Barrow Island.

The Wheatstone project is being built at Ashburton North, 12 km west of Onslow in Western Australia. It will comprise two LNG trains with a combine capacity of 8.9 million tpy as well as a gas plant.

More than 80% of Chevron’s equity in Wheatstone LNG has now been contracted under long-term agreements with customers in Asia.

The project is a joint venture of Chevron 64.14%, Apache Energy 13%, Kuwait Foreign Petroleum Exploration Co. 7%, Royal Dutch Shell PLC 6.4%, Kyushu Electric Power Co. 1.46%, and Tokyo Electric Power Co. 8%.

The project is being supplied with gas from Wheatstone and Iago fields.

Related Articles

DOE approves LNG exports to non-FTA countries from Oregon project

03/24/2014 The US Department of Energy conditionally approved Jordan Cove Energy Project LP’s application to export LNG through its proposed terminal on Orego...

INGAA Foundation forecasts oil, gas infrastructure outlays to 2035

03/24/2014 An estimated $640.9 billion, or an average $29.1 billion/year, will need to be spent on US and Canadian midstream crude oil, natural gas, and natur...

Export short-sightedness

03/24/2014 Opposition by specific refiners to US exports of crude oil should surprise no one. The export ban suppresses the price of domestically produced lig...

HSC remains closed, fuel cleanup continues after barge collision

03/24/2014 The Houston Ship Channel (HSC) remained closed to unauthorized vessels Mar. 24 as the result of a temporary emergency safety zone being established...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected