While this deal is in place, over 75 per cent of Chevron’s equity LNG from the project will be committed to customers in Asia. “This agreement is an important step in the commercialization of Chevron’s significant natural gas holdings in Australia,” Chevron Gas and Midstream President Pierre Breber said. The Gorgon Project combines the development of the Gorgon Field and the nearby Jansz-Io Field. Facilities being built on Barrow Island include an LNG facility with three processing units capable of producing 15.6 MMt/a of LNG, a carbon dioxide injection project and a domestic gas plant. The project is owned and operated by Chevron (47 per cent), along with joint venture participants ExxonMobil (25 per cent), Shell (25 per cent), Osaka Gas (1.25 per cent), Tokyo Gas (1 per cent), and Chubu Electric Power (0.417 per cent). Chevron is also developing the Wheatstone Project as an LNG and domestic gas operation near Onslow, in the Pilbara region of Western Australia.
Gorgon LNG trade deal signed by Chevron and SK
