The Gorgon and Wheatstone LNG projects in Australia will add more than 24 Mtpa of LNG capacity to the Asia-Pacific region, and most of that is already under contract to Asian customers, Melody Meyer, President of Chevron Asia Pacific Exploration & Production said on Monday at a conference in Seoul.
Chevron and its partners are investing $80 billion to develop the two giant LNG projects.
The Gorgon project is well on its way to completion. “I am pleased to announce the delivery of the last of the 21 modules for the first train of Gorgon’s LNG processing facility to the project site on Barrow Island.
“These modules were built right here in South Korea. It is a big milestone for us. Moreover, when we make our first shipments of LNG as scheduled in 2015, we and our customers will owe a debt of gratitude to our South Korean fabricators,” Meyer said.
Also, because South Korea is one of the world’s largest consumers of LNG, and Chevron will soon become one of the region’s largest LNG producers, the company has just opened a new office in South Korea to support its efforts to market LNG in the region, she added.