The partners in the Gorgon gas project in Western Australia officially gave the project the final go ahead in Perth on Monday.
Chevron, Shell and Exxon Mobile have all now approved final investment in the project. The decision was welcome by the Prime Minister of Australia, Kevin Rudd, who said:
"The Gorgon investment will be Australia's largest-ever resources development and is expected to generate $300 billion in Australian export earnings".
At the signing ceremony, WA Premier Colin Barnett said "The project will create about 10,000 jobs during the peak construction phase with more than 3,500 direct and indirect jobs sustained throughout the life of the project".
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