Chevron to Ship First LNG Cargo from Gorgon Next Week
- Business & Finance
The first liquefied natural gas (LNG) cargo from the Gorgon Project on Barrow Island off the northwest coast of Western Australia is expected to be shipped next week, US-based energy giant Chevron Corporation said as it started producing LNG and condensate yesterday.
“We expect legacy assets such as Gorgon will drive long-term growth and create shareholder value for decades to come,” said Chairman and CEO John Watson.
“The long-term fundamentals for LNG are attractive, particularly in the Asia-Pacific region, and this is a significant milestone for all involved.”
The Gorgon Project is supplied from the Gorgon and Jansz-Io gas fields, located within the Greater Gorgon area, between 130 km and 220 km off the northwest coast of Western Australia.
It includes a 15.6 MTPA LNG plant on Barrow Island, a carbon dioxide injection project and a domestic gas plant with the capacity to supply 300 terajoules of gas per day to Western Australia.
The Chevron-operated Gorgon Project is a joint venture between the Australian subsidiaries of Chevron, ExxonMobil, Shell, Osaka Gas, Tokyo Gas and Chubu Electric Power.