Shell to join Chevron's Australia Wheatstone LNG project

Chevron Corp said on Sunday Royal Dutch Shell (RDSa.L) will join its Wheatstone liquefied natural gas project off the coast of Western Australia as an equity participant and natural gas supplier to the project.

Chevron will sell 6.4 percent of its stake to Shell, and remain the operator of the project with 73.6 percent stake. Shell will also assume an 8 percent participating interest in the Wheatstone and Iago natural gas fields, which will supply the first two trains of the Wheatstone project.
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Source: Reuters