Sunday, May 18, 2014

Chevron assures investors Gorgon on track

Chevron has told investors Gorgon is on track and will start production in the middle of 2015.

"We want to reiterate the project is on track and we are on target for a mid-2015 start up,’’ CFO Pat Yarrington told investors.

Ms Yarrington said 20 of the 21 “critical process modules” for the first of two trains (production facilities) were in place, along with common facilities at Gorgon’s Barrow Island base.
“The remaining train will arrive shortly and it really becomes a process of hooking up and commissioning,’’ Ms Yarrington said.