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Japan's JERA imports first LNG cargo shipped from Chevron's Wheatstone site

TOKYO (Reuters) — Japan’s JERA Co, the fuel-buying joint venture of Tokyo Electric Power and Chubu Electric Power, said it received the first LNG cargo shipped from Chevron’s Wheatstone project in Australia.

Chevron Wheatstone LNG Resized
Photo courtesy of Chevron.

The tanker “Asia Venture,” carrying about 70,000 t of LNG, arrived on Sunday at Tokyo Electric Power’s Futtsu LNG terminal in Chiba prefecture on Tokyo Bay, said a spokesman for JERA, the world’s biggest LNG buyer, on Monday.

Chevron said last month that the Wheatstone LNG project, which started production in early October, shipped its first cargo to JERA.

JERA has contracts to buy 5.2 MMtpy of LNG from the Wheatstone project.

Wheatstone has two units, which at full capacity will supply 8.9 MMmt of LNG a year to customers in Asia. After the second train starts up in 2018, JERA will receive around six LNG cargoes per month from the project, a company official said.

Reporting by Osamu Tsukimori; Editing by Christian Schmollinger


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FEATURED COLUMNS

Editorial comment
-Adrienne Blume
The ongoing development of shale gas resources in the US has spurred infrastructure construction for both natural gas processing capacity and LNG export terminals.
Regional focus
-Eugene Gerden
Russian natural gas monopoly Gazprom is strengthening its presence in the gas market of the Middle East through the planned construction of an 11-metric-MMtpy–12-metric-MMtpy LNG plant in Iran.


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