TEPCO agrees to buy Chevron shares in Australian LNG project

12/6/2009 | Reuters

Tokyo Electric Power has agreed to acquire about 4.1 million metric tons of liquefied natural gas annually from Chevron's Wheatstone project in Australia. TEPCO will purchase 15% of Chevron's shares in the venture's field license and an 11.25% interest in its gas-processing plant as part of the agreement.

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