PERTH, Western Australia, Oct. 10 /PRNewswire/ -- The Gorgon Joint
Venture Participants -- Chevron (NYSE: CVX), ExxonMobil and Shell -- today
welcomed a further step forward for the Gorgon Project.
The Federal Minister for the Environment the Hon. Malcolm Turnbull, has
issued Australian government approval for the Gorgon Development Proposal
on Barrow Island sourcing gas from the Gorgon Joint Venture resources
located off Australia's northwest coast.
Colin Beckett, Chevron Australia General Manager for the Greater Gorgon
Area, speaking on behalf of the Joint Venture Participants, said that the
Minister's decision was a welcome outcome after four years of rigorous
state and federal assessment which has produced a comprehensive
environmental management regime.
"The Western Australian and Federal governments have provided an
environmental management regime under which the project proponents,
governments and community can continue working together to maintain the
conservation values of Barrow Island while generating significant economic
benefits into the future," said Mr Beckett.
"We will now build the detailed environmental conditions into our work
regarding the project's overall optimisation and engineering which is aimed
at making certain Gorgon is a beneficial, long term project from a design,
operability and economics point of view.
"We believe it is important to take time to get this project right. We
are doing as much work as possible to ensure Australia's largest known gas
resource is developed in an effective, efficient, responsible and
internationally competitive manner," said Mr Beckett.
Today's announcement is the consequence of extensive community
consultation, the input of a wide range of local and global scientific
expertise and the experience Chevron Australia has gained from operating
Australia's largest and oldest onshore oilfield on Barrow Island for more
than 40 years.
The Gorgon Project, with an estimated resource base of more than 40
trillion cubic feet of gas and a nominal development life of around 60
years, is operated by the Australian subsidiary of Chevron in joint venture
with Australian subsidiaries of ExxonMobil and Shell.
SOURCE Chevron Corporation
 back to top
Related links:
http://www.chevron.com/
CONTACT:
Scott Walker of Chevron Corporation, Perth,
+61 8 9216 4485, +61 0437 480 391
|
