First Gorgon production marks another major LNG milestone

Recent articles


Tweets

19 December 17, 1:18pm The Review of Australia’s Climate Change Policies confirms that natural gas has a major part to play in achieving A… https://t.co/IQLYiBdj3X
array(24) { ["created_at"]=> string(30) "Tue Dec 19 03:18:51 +0000 2017" ["id"]=> int(942957370623193088) ["id_str"]=> string(18) "942957370623193088" ["text"]=> string(198) "The Review of Australia’s Climate Change Policies confirms that natural gas has a major part to play in achieving A… https://t.co/IQLYiBdj3X" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/IQLYiBdj3X" ["expanded_url"]=> string(51) "https://twitter.com/i/web/status/942957370623193088" ["display_url"]=> string(29) "twitter.com/i/web/status/9…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(6) ["favorite_count"]=> int(11) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
18 December 17, 2:14pm South Australian businesses and households stand to benefit from a State Government initiative aimed at boosting lo… https://t.co/C0pJlybeDD
array(24) { ["created_at"]=> string(30) "Mon Dec 18 04:14:34 +0000 2017" ["id"]=> int(942609005364502528) ["id_str"]=> string(18) "942609005364502528" ["text"]=> string(196) "South Australian businesses and households stand to benefit from a State Government initiative aimed at boosting lo… https://t.co/C0pJlybeDD" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/C0pJlybeDD" ["expanded_url"]=> string(51) "https://twitter.com/i/web/status/942609005364502528" ["display_url"]=> string(29) "twitter.com/i/web/status/9…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(83) "TweetDeck" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(3) ["favorite_count"]=> int(6) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
18 December 17, 2:13pm South Australian businesses and households stand to benefit from a State Government initiative aimed at boosting lo… https://t.co/DcQgh28bPL
array(24) { ["created_at"]=> string(30) "Mon Dec 18 04:13:02 +0000 2017" ["id"]=> int(942608621422051328) ["id_str"]=> string(18) "942608621422051328" ["text"]=> string(196) "South Australian businesses and households stand to benefit from a State Government initiative aimed at boosting lo… https://t.co/DcQgh28bPL" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/DcQgh28bPL" ["expanded_url"]=> string(51) "https://twitter.com/i/web/status/942608621422051328" ["display_url"]=> string(29) "twitter.com/i/web/status/9…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(83) "TweetDeck" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(0) ["favorite_count"]=> int(2) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
14 December 17, 3:34pm Western Australia could face a gas shortage if new supply is not developed in the next five to seven years. Banning… https://t.co/OlCYH9cHO3
array(24) { ["created_at"]=> string(30) "Thu Dec 14 05:34:34 +0000 2017" ["id"]=> int(941179588029194240) ["id_str"]=> string(18) "941179588029194240" ["text"]=> string(196) "Western Australia could face a gas shortage if new supply is not developed in the next five to seven years. Banning… https://t.co/OlCYH9cHO3" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/OlCYH9cHO3" ["expanded_url"]=> string(51) "https://twitter.com/i/web/status/941179588029194240" ["display_url"]=> string(29) "twitter.com/i/web/status/9…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(3) ["favorite_count"]=> int(6) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd

Australia has taken another significant step towards becoming the world’s largest exporter of liquefied natural gas (LNG) with first production from the massive Gorgon Project off Western Australia.

APPEA Chief Executive Dr Malcolm Roberts congratulated operator Chevron and its joint venture partners ExxonMobil, Shell, Osaka Gas, Tokyo Gas and Chubu Electric Power on the achievement. The first LNG cargo is expected to be shipped next week.

Dr Roberts said Gorgon was the latest project in a wave of unprecedented LNG investment that would deliver enduring benefits for all Australians.

“Gorgon is the largest single resource project ever developed in Australia and one of the world’s largest natural gas projects,” Dr Roberts said.

“The economic benefits to Australia during its construction have been enormous – more than 10,000 direct jobs and more than $34 billion spent on local goods and services.

“But the long-term benefits will be even greater. Gorgon is expected to generate GDP growth of more than $440 billion over the next two decades of operations and additional federal revenue of around $69 billion.

“Every shipment of gas that sails from Barrow Island means more wealth for Australia and more cleaner-burning energy for Asia.”

Dr Roberts said Australia was reaping the benefits of $200 billion worth of new investment that would see LNG exports surge from 30 million tonnes last year to more than 85 million tonnes by 2020.

Four new LNG projects have entered production since 2014 (Queensland Curtis LNG, Gladstone LNG, Australia Pacific LNG and Gorgon) and another three are still under construction (Prelude Floating LNG, Wheatstone and Ichthys).

Dr Roberts said the industry’s growth has put Australia on track to overtake Qatar as the world’s largest LNG exporter in 2018.

“These are long-term legacy projects that will deliver jobs, taxation and export revenues for Australia for decades to come,” he said.

Dr Roberts said the recent BP Energy Outlook forecast natural gas to be the world’s fastest growing traditional fuel – gas consumption is expected to grow by 1.8 per cent a year to 2035.

For more information on Australia’s LNG industry, see LNG in Australia: prosperity, innovation and legacy.