By MARI IWATA
TOKYO -- Chevron has signed a contract to supply Chubu
Electric Power with liquefied natural gas from the Wheatstone
project in Western Australia.
Chevron and Wheatstone partners Apache Energy and Kuwait
Foreign Petroleum Exploration will supply Chubu with 1 million
metric tpy for up to 20 years, Chevron said in a statement late
Thursday. It didn't state when deliveries will begin.
Chevron is operator and 64.14% owner of the project. Apache Energy holds 13% and
Kuwait Foreign Petroleum Exploration 7%; several other
companies hold the remainder.
Chevron also holds an 80.17% equity interest in the
Wheatstone and Iago fields that provide 80% of the Wheatstone
Dow Jones Newswires