The first shipment from Chevron’s Wheatstone liquefied natural gas (LNG) project in Australia has set sail for Japan.
Wheatstone is Australia’s first third-party natural gas hub, which will enable future development of natural gas resources offshore Western Australia. The first shipment marks Chevron’s commitment to being a safe and reliable long-term supplier of cleaner-burning natural gas for its customers in the Asia-Pacific region, said Nigel Hearne, managing director of Chevron Australia, in a 31 October press statement.
The first LNG cargo will be delivered to JERA, one of Chevron’s foundation buyers, by the Asia Venture, one of six new state-of-the-art LNG carriers recently added to Chevron’s operated fleet.
Located 12km of Onslow in Western Australia, Wheatstone started producing LNG on 9 October. Once Wheatstone is fully operational, Chevron is expected to be Australia's largest liquefaction owner with 15.8 million tonnes per annum (MTPA).
At full capacity, the Wheatstone Project’s two train LNG facility is expected to contribute around six percent of the Asia Pacific region’s total future LNG production, delivering 8.9 MTPA of LNG for export to customers in Asia. The Project’s domestic gas plant also has the capacity to produce 200 terajoules per day of domestic gas for the Western Australian market.
The Chevron-operated Wheatstone LNG facility is a joint venture between Australian subsidiaries of Chevron (64.14 %), Kuwait Foreign Petroleum Exploration Company (KUFPEC) (13.4 percent), Woodside Petroleum Limited (13 %t), and Kyushu Electric Power Company (1.46%), together with PE Wheatstone Pty Ltd, part owned by JERA (8%).
Chevron holds an 80.2% interest in the offshore licenses containing the Wheatstone and Iago fields.
Read more: