Asia Excellence

Chevron has announced that the first shipment of liquefied natural gas (LNG) from its $54bn Gorgon project has departed Barrow Island off the north-west coast of Western Australia.

The company’s new LNG carrier, the Asia Excellence, will take the cargo to Chubu Electric Power for delivery in Japan.

Chevron midstream and development executive vice-president Mike Wirth said: "Departure of the first cargo from the Gorgon Project is a key milestone in our commitment to be a reliable LNG provider for customers across the Asia-Pacific region.

"This is also important for our investors as we begin to generate revenue from a project we expect will operate for decades to come."

The Gorgon project receives gas from the Gorgon and Jansz-Io gas fields, which are located within the Greater Gorgon area, between 130km and 220km off the north-west coast of Western Australia.

"The gas plant is capable of supplying 300TJ a day to Western Australia."

Included in the project are a 15.6Mtpa LNG plant on Barrow Island, a carbon dioxide injection project, and a domestic gas plant.

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The gas plant is capable of supplying 300TJ a day to Western Australia.

The Gorgon project is a joint venture between Chevron (47.3%), ExxonMobil (25%), Shell (25%), Osaka Gas (1.25%), Tokyo Gas (1%) and Chubu Electric Power (0.417%).

Chevron Shipping Company is in the final stages of its shipbuilding and fleet modernisation programme in order to support the company’s position as an LNG supplier.

As part of the upgrade, six new LNG carriers will be added to Chevron’s operated fleet.

More than 80% of the company’s Australian subsidiaries’ equity LNG from the Gorgon and Wheatstone projects is covered by sales and purchase agreements, Chevron said.

Image: The Asia Excellence loading the first Gorgon LNG cargo for delivery into Japan. Photo: courtesy of Chevron Corporation.