Chevron, Chubu collaborate LNG in Australia

Chevron, Chubu collaborate for LNG in Australia

4:30 AM, 29th March 2013
Chevron, Chubu collaborate for LNG in Australia

SAN RAMON, US: Chevron Corporation’s Australian subsidiaries have signed binding long-term sales and purchase agreements (SPA) with Chubu Electric Power Company Inc (Chubu) for liquefied natural gas (LNG) from the Wheatstone Project in Western Australia. Chevron, together with Apache Energy and Kuwait Foreign Petroleum Exploration Company, will supply Chubu with 1 million tonne per annum of LNG for up to 20 years.

“Chubu, one of the world’s leading LNG customers, is now a partner and customer of the Chevron-operated Gorgon Project. We are pleased to expand the strong partnership between our two companies with these SPAs for Wheatstone LNG,” said Joe Geagea, President, Gas and Midstream, Chevron.

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