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In Australia, Chevron operates through a wholly owned subsidiary, Chevron Australia Pty Ltd, and is the largest holder of natural gas resources in the country. These important assets help meet the growing need for energy in the Asia-Pacific region. We operate two major liquefied natural gas (LNG) projects, Gorgon and Wheatstone.
The Gorgon Project is an LNG and domestic gas joint venture supplied by the Greater Gorgon Area gas fields. The project is under construction on Barrow Island.
Gorgon Project Update — Fourth Quarter 2014
The Chevron-led Gorgon Project being constructed on Barrow Island, offshore Western Australia, is expected to deliver the first shipment of LNG in 2015.
We also are developing the Wheatstone Project as an LNG and domestic gas operation near Onslow, in the West Pilbara region of Western Australia.
The project’s initial capacity is expected to be 8.9 million metric tons per year of LNG.
Chevron has safely produced oil at the Barrow Island and Thevenard Island oil fields for 50 years. Along with other participants in the North West Shelf Venture, Chevron has exported LNG to Asian customers since 1989.
Chevron Australia also runs a significant exploration program based on the company’s offshore interests in Australia’s northwest region, one of Chevron’s four global focus areas for exploration.
Chevron Energy Technology Co. runs the Global Technology Center in Perth, which acts as a resource for Chevron’s operations worldwide.
Chevron has a 50 percent interest in Caltex Australia Limited, the country’s leading fuels marketer. It refines, distributes and sells fuels and lubricants, including gasoline, jet and diesel fuel, liquefied petroleum gas, and industrial and aviation lubricants. Caltex Australia is also a major convenience retailer.
Updated: December 2014