Cost blowout at Gorgon LNG blamed on high dollar, extra logistics

摘要

The high dollar and extra logistics are to blame for a recent cost blowout at the Gorgon LNG project, Sydney Morning Herald repotted. The US$15 billion cost blowout was reported last month, when Chevron revealed the cost of the project had surged to US$52 billion. The cost blowout has caused project partner Shell to signal it will "reconsider further investment in the overheated Australian market."