Energy 路 Australia

What was Chevron's estimated cost for Gorgon LNG's first development phase?

The first phase of the Gorgon gas development on Barrow Island combined three LNG trains, a domestic gas plant, carbon-dioxide injection, subsea equipment and pipelines. Chevron estimated the whole first-phase development at US$54 billion in its 2013 annual-report supplement.

Published project estimate

$54 billion

Cost basis: 2013

View of Western Australia taken during ISS Expedition 26.
Earth Science and Remote Sensing Unit, Lyndon B. Johnson Space CenterPublic domain

Cost evidence

Basis of the published figure

Published project estimate2013
chevron.com

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