Chevron Corp.’s Australian subsidiary has signed agreements with Tokyo Electric Power Co. for TEPCO to acquire from Chevron 10% interest in Wheatstone gas field licenses and 8% interest in the Wheatstone gas processing facilities.
Offshore staff
SAN RAMON, California –Chevron Corp.’s Australian subsidiary has signed agreements with Tokyo Electric Power Co. for TEPCO to acquire from Chevron 10% interest in Wheatstone gas field licenses and 8% interest in the Wheatstone gas processing facilities. TEPCO also will buy an additional 400,000 tons/year of LNG from the project.
Wheatstone will be one ofAustralia’s largest projects. It will consist of two liquefied natural gas trains with a combined capacity of 8.9 MTPA and a domestic gas plant.
This agreement does not involve Wheatstone participants Apache Energy or KUFPEC.
