Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Chevron's Gorgon LNG export plant train 3 in Australia back online -sources

Published 25/02/2019, 06:30 pm
Chevron's Gorgon LNG export plant train 3 in Australia back online -sources
CVX
-
SHEL
-
XOM
-
NG
-
9501
-
9502
-
9531
-
9532
-

SINGAPORE, Feb 25 (Reuters) - Chevron (NYSE:CVX) Corp's CVX.N Gorgon liquefied natural gas (LNG) export plant in Australia brought its train 3 back online over the weekend after an unplanned outage, two industry sources said on Monday.

The train had been shut since mid-January to address a mechanical issue, the company had said earlier. three-train Gorgon project, one of the world's largest natural gas projects, can produce 15.6 million tonnes of LNG annually from its three trains, according to Chevron's website.

Chevron is the Gorgon project operator, with its Australian subsidiary holding a controlling 47.3 percent. Exxon Mobil Corp (NYSE:XOM) XOM.N and Royal Dutch Shell RDSa.L each have a 25 percent share, and the rest is held by Japan's Osaka Gas 9532.T , Tokyo Gas 9531.T and JERA 9501.T 9502.T .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.