Chevron-operated Gorgon project secures $2 billion investment nod

The investment will link the offshore Geryon and Eurytion natural gas fields to Gorgon’s existing infrastructure on Barrow Island.
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The development would maintain production at Gorgon, enabling the long-term supply of domestic gas for Western Australia households and industry, and liquefied natural gas for international customers in Asia, Chevron Australia president Balaji Krishnamurthy said.
Gorgon has the capacity to produce 300 terajoules per day of gas for the Western Australia market and 15.6 million tonnes of LNG per year, said Chevron Australia.
($1 = 1.5135 Australian dollars)
Reporting by Sherin Sunny in Bengaluru; Editing by Alan Barona