Chevron, together with Apache and Kufpec, will deliver up to 0.7 million tons per annum (mtpa) of LNG to Kyushu Electric for up to 20 years.
Kyushu Electric will also acquire 1.83% of Chevron’s equity share in the Wheatstone field licenses and a 1.46% interest in the Wheatstone natural gas processing facilities to be developed onshore near Onslow in western Australia.
Kyushu Electric will take delivery of 0.8mtpa of LNG including the equity participation volume from the Wheatstone project.
The foundation phase of the Chevron-operated Wheatstone project will consist of two liquefied natural gas trains with a combined capacity of 8.9mtpa and a domestic gas plant, the company said.
