"Chevron pleased with off-take agreements for LNG projects" from The Australian

"Energy giant Chevron has assured investors that it has enough customers already signed up for its Wheatstone and Gorgon liquefied natural gas projects to be given final approval later this year.

In a conference call for the company's fourth-quarter earnings on Friday night, chairman and chief executive John Watson said the company was "really pleased" with the off-take agreements it had secured for both projects.

"We're at the 80 to 90 per cent level for both projects in terms of agreements that we have in place, and we certainly don't view sales agreements as an impediment to a final investment decision for for Wheatstone, " Mr Watson said. Chevron signed a multi-billion-dollar biding agreement last week to supply liquefied natural gas from Gorgon to Japan's Kyushu Electric, which has also signed a heads of agreement for LNG supply and equity sales from Wheatstone."