Chevron and its partners sanction $29 billion Wheatstone LNG plan

摘要

Australia is continuing on the road to challenge Qatar as the world's largest LNG producer, with the Chevron-led Wheatstone LNG project in Western Australia (WA) the country's fourth to reach a final investment decision (FID) this year. The decision was taken on September 26 with only around 50% of the project's output sold under binding long-term arrangements. But who will buy the uncommitted volumes?