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Wheatstone LNG receives federal approval

LNG Industry,

Chevron Corporation has received environmental approval from the Federal Environment Minister, the Hon. Tony Burke, MP, for its Wheatstone Project in Western Australia.

George Kirkland, vice chairman, Chevron Corporation, said, "We welcome the Australian federal government's support for the Wheatstone Project. The federal environmental approval is an important milestone in reaching the final investment decision for the Wheatstone Project this year."

The initial phase of the project will consist of two LNG trains with a combined capacity of 8.9 million tpa and a domestic gas plant. It is scheduled to start production in 2016. The environmental approval allows the project capacity to increase to 25 million tpa.

Melody Meyer, President, Chevron Asia Pacific Exploration and Production Company, said, "Wheatstone and the previously sanctioned Gorgon project position Chevron as a major LNG operator delivering energy, jobs and economic benefits to Australia, as well as helping to meet long-term demand growth for cleaner burning fuel in the Asia-Pacific region."

The Wheatstone onshore foundation project is a joint venture between the Australian subsidiaries of Chevron (operator 73.6%), Apache (13%), Kuwait Foreign Petroleum Exploration Company (7%) and Shell (6.4%).

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