Chevron has raised the cost of its Gorgon liquefied natural gas (LNG) project in Australia by US $2 Bn. The increase now brings the total cost for the scheme to US $54 Bn. “Gorgon project economics are attractive,” Chevron vice chairman George Kirkland said in a statement. He said the project is now 75% complete and will start-up in mid-2015. “We also anticipate 2014 will represent the peak year for spending on our Australian LNG projects as we move them closer to first production,” Kirkland said.
展开▼
