Gorgon costs blowout by $9 billion

The Gorgon plant site on Barrow Island.

Chevron has confirmed a major cost blowout at its Gorgon liquefied natural gas development off the Western Australian coast, but it is not as large as speculated.

Chevron said the budget had increased from $43 billion to $52 billion, well under the $60 billion that was widely speculated in recent media reports.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Register for free

(first time users)
FREE: 8 articles per month + twice daily business email alerts
Category: 
Tags:

Comments:

Public Companies - Resources

LabelValue
Fortescue Metals Group$8.44bn
Woodside Petroleum$7.19bn
Woodside Petroleum$6.03bn
Mount Gibson Iron$864.8m
Iluka Resources$856.3m
Others$21.67bn
Did you know 20
Did you know 21
Did you know 19
Did you know 18
Did you know 17
Did you know 16
Did you know 15
Did you know 14
Did you know 13
Did you know 12
Did you know 11
Did you know 10
Did you know 9
Did you know 8
Did you know 7
Did you know 6
Did you know 5
Did you know 4
Did you know 3
Did you know 2
Did you know 1

Feedback Form