Australia: LNG Project Update Chevron Commences LNG Production at Wheatstone
Chevron Corporation has recently announced that it has started producing liquefied natural gas (LNG) at the Wheatstone Project in Western Australia. The first cargo is on track and will be shipped in the coming weeks. The company has plans to export 8.9 million metric tons of LNG per year to customers in Asia. The first cargo is expected to be shipped in the coming weeks.
San Ramon, California/USA – At full capacity, the Wheatstone Project’s two train LNG facility will export 8.9 million metric tons of LNG per year to customers in Asia. The LNG facility is located 7.5 miles (12 kilometers) west of Onslow and processes natural gas from the Chevron-operated Wheatstone and Iago fields.
The Chevron-operated Wheatstone LNG facility is a joint venture between Australian subsidiaries of Chevron (64.14%), Kuwait Foreign Petroleum Exploration Company (13.4%), Woodside Petroleum (13%), and Kyushu Electric Power Company (1.46%), together with Wheatstone, part owned by JERA (8%). Chevron holds an 80.2% interest in the offshore licenses containing the Wheatstone and Iago fields.