Chevron finds more gas in Greater Gorgon area

Chevron’s $43 billion Gorgon project gets a lift and improvement after the discovery of gas in the Greater Gorgon area in the Carnarvon Basin. Chevron is the operator of the permit with a 50 per cent interest. Construction of Gorgon project is underway with first gas planned for 2014. The project is a joint venture between Chevron, ExxonMobil and Shell. Chevron recently signed agreements with  Japanese utility Kyushu Electric Power Co.