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Chevron

Chevron’s Wheatstone liquefied natural gas (LNG) project on the coast of Western Australia has shipped its first export cargo. The buyer, JERA, is a joint venture between Japanese utilities Chubu Electric Power and Tokyo Electric Power. At capacity, Wheatstone’s two-train LNG facility is expected to deliver 8.9 million metric tons per year of LNG for export to customers in Asia and contribute about 6% of the Asia Pacific region’s total future LNG production, a Chevron statement said. The project operator, Chevron holds a 64.14% interest in Wheatstone, with the remaining stakes held by Kuwait Foreign Petroleum Exploration Company (13.4%), Woodside Petroleum (13%), PE Wheatstone Pty (8%), and Kyushu Electric Power (1.46%).


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