• Home
  • Contact Us!
  • Privacy Policy

Radio Metta

  • Home
  • Business
  • Education
  • Health
  • Home Deco
  • News
  • Real Estate
  • Technology
  • Contact Us!
  • Privacy Policy
Home» Business»Chevron builds on Australian gas footprint

Chevron builds on Australian gas footprint

Saheli 19 Apr 2016 Business Comments Off on Chevron builds on Australian gas footprint 308 Views

The Australian subsidiary of Chevron said it reached a deal to sell a good portion of the gas from its Wheatstone project to an area customer starting in 2020.

Alinta Energy in Western Australia, a U.S. owned entity, starts taking on about 25 percent of the gas produced from the Chevron project in a deal outlined Tuesday.

“This agreement is an important step in Chevron’s rapidly expanding domestic gas business in Western Australia and the establishment of our leading domestic gas portfolio across the Wheatstone, Gorgon and North West Shelf projects,” Chevron’s regional manager Roy Krzywosinski said in a statement.

Chevron already supplies the area with about 10 percent of its natural gas. Wheatstone should build on the company’s footprint when it starts servicing the domestic Australian market by 2018.

The deal with Alinta lasts through 2027. CEO Jeff Dimery said in a statement the agreement “provides long-term certainty for Alinta’s gas portfolio and a firm foundation for Alinta’s future gas supply to the West Australian market.”

Chevron, which has headquarters in California, is positioned as a major player in the region, shipping the first delivery of liquefied natural gas from its multi-billion dollar Gorgon about a month ago with a shipment to Japanese company Chubu Electric Power. A mechanical issue in early April, however, forced a brief shutdown at the facility, which was a setback for Chevron after it reported a loss of $588 million for the fourth quarter.

[SOURCE:- UPI]

Australian builds Chevron footprint gas on 2016-04-19
Tags Australian builds Chevron footprint gas on
Facebook Twitter Stumble linkedin Pinterest More

Authors

Posted by : Saheli
Previous Article :

Russian economist scoffs at Doha oil hype

Next Article :

S. KOREA COVERED UP MASS ABUSE, KILLINGS OF ‘VAGRANTS’

Related Articles

Step up: Tips for organizations from the FTC’s settlement with Genshin Effect designer HoYoverse

Step up: Tips for organizations from the FTC’s settlement with Genshin Effect designer HoYoverse

admin 07 Feb 2025
The main 3 showcasing challenges for independent companies (and how mechanization can tackle them)

The main 3 showcasing challenges for independent companies (and how mechanization can tackle them)

admin 24 Sep 2024
The most effective method to Begin a Blog (and Bring in Cash) in 6 Stages: Simple Fledgling’s Aide

The most effective method to Begin a Blog (and Bring in Cash) in 6 Stages: Simple Fledgling’s Aide

admin 19 Sep 2024

Latest Post

How is PSA used to monitor prostate cancer?
Health

How is PSA used to monitor prostate cancer?

admin 01 Sep 2025
The Future of High Performance Networking: Ultra Ethernet Explained
Technology

The Future of High Performance Networking: Ultra Ethernet Explained

admin 28 Aug 2025
Why a focus on foundational education must be at the heart of the response: Out of school but not out of reach
Education

Why a focus on foundational education must be at the heart of the response: Out of school but not out of reach

admin 23 Aug 2025
HP Increases Innovation in Gaming
Technology

HP Increases Innovation in Gaming

admin 19 Aug 2025
Anatomy, Function, and Common Injuries of Hamstring Muscles
Health

Anatomy, Function, and Common Injuries of Hamstring Muscles

admin 12 Aug 2025
Gaming Your Way to Sharper AI Prompts
Technology

Gaming Your Way to Sharper AI Prompts

admin 07 Aug 2025
15 Elegant Living Room Hanging Lights
Home Deco

15 Elegant Living Room Hanging Lights

admin 04 Aug 2025
September 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Aug    
  • Home
  • Contact Us!
  • Privacy Policy
Copyright 2016, All Rights Reserved
Magazine Blog News WordPress Theme