financetom
Business
financetom
/
Business
/
Chevron Slows Production at LNG Project in Australia Just Days After Reopening
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Chevron Slows Production at LNG Project in Australia Just Days After Reopening
Jun 3, 2024 2:57 PM

05:41 PM EDT, 06/03/2024 (MT Newswires) -- Chevron ( CVX ) idled production on a unit of its Gorgon liquified natural gas plant in western Australia, only days after reopening it last week following an extended shutdown for repairs, Bloomberg reported Monday, citing people familiar with the situation.

The report did not specify the reason for shut down at the export facility. The company had just resumed normal operations at Gorgon on Friday after needing most of May to complete mechanical repairs on a turbine, according to prior reports.

Chevron ( CVX ) is the operator and owns 47.3% of the Gorgon project, with ExxonMobil (XOM) and Shell (SHEL) each holding 25% stakes and Japanese interests, including Osaka Gas and Tokyo Gas owning the remaining 2.7%.

Chevron ( CVX ) did not immediately respond to a request from MT Newswires seeking more information.

Price: 157.00, Change: -0.46, Percent Change: -0.29

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved