Construction will now commence immediately on the project, according to Chevron.

The foundation phase of the Wheatstone LNG Development consists of two LNG processing trains with a combined capacity of 8.9 MMt/a and associated offshore infrastructure including the processing platform, subsea equipment, drilling and an export trunkline. First gas export is planned for 2016.

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