Kyushu, Chevron finalise Wheatstone LNG sales deal

Today Japanese utility Kyushu Electric Power and Chevron signed a Sales purchase agreement.
It’s for the delivery of 800,000 t/yr of LNG For up 20 years from 8.9 mn t/yr Wheatstone venture.
The deal is the second SPA Chevron has signed for Wheatstone LNG

Chevron, along with its Wheatstone partners US independent Apache and Kuwait's state-owned overseas upstream firm Kufpec, will supply 700,000 t/yr to Kyushu. The balance will come through Kyushu's acquisition of a 1.83pc of Chevron's equity share in the Wheatstone field licences and a 1.46 pc interest in the Wheatstone liquefaction plant to be built at Ashburton North near Onslow in Western Australia.