Chevron produces first gas from Gorgon Stage 2 development off Western Australia
Reuters
Published Jun 06, 2023 04:13AM ET
SINGAPORE (Reuters) - Chevron (NYSE:CVX) said on Tuesday it has started producing gas from the Gorgon Stage 2 development project off the coast of Western Australia.
The development expands the existing subsea gas gathering network of the Gorgon Project, which exports liquefied natural gas (LNG) to customers across Asia and produces domestic gas for the Western Australian market, said Chevron in a statement.
The statement added that Gorgon's Stage 2 development involved the installation of 11 additional wells in the Gorgon and Jansz-Io fields and accompanying offshore production pipelines and subsea structures to maintain feed gas supply for the project's gas processing facilities on Barrow Island.
Chevron is a 47% owner and operator of the Gorgon LNG project. It is also co-owned by Exxon Mobil Corp (NYSE:XOM), Shell (LON:RDSa) and Japanese utilities Osaka Gas, Tokyo Gas and JERA.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.