Chevron plans fourth Gorgon train

Release Date: 2011-03-15

Chevron is moving forward with plans to build a fourth train at its giant $37 billion Gorgon liquefied natural gas project off the coast of Western Australia.

Reuters reported that company executives announced the decision at an analyst meeting in New York overnight, adding the US supermajor also expected to make a final investment decision on the expansion in 2013.

The news agency quoted Chevron’s executive vice president of technology and services, Jim Blackwell, as saying the company could have enough gas consider a fifth train.

"At the end of 2010, our estimated total resource is almost 60 trillion cubic feet,” Blackwell said.

“We found enough gas for this expansion and plan to enter FEED in 2012. And we also have space for a potential fifth train."

He added that the Wheatstone project was also well positioned for train three and further expansion.

Type:	NORMAL
Url:	http://www.upstreamonline.com/live/article248477.ece