Chevron’s $54-billion Gorgon liquefied natural gas plant in Australia was shut down for a third time since it launched in March, with
The shutdown was unplanned and caused by work on the facility’s acid removal unit, according to sources cited by Reuters, and was due to be put back online days later. However, with Chevron unresponsive to reporters’ inquiries, it remained unclear at the time of writing whether Gorgon was back up or remained offline.
The project’s acid removal unit also made the news in June, when it was thought to have been the cause of a long shutdown following a gas leak.
According to traders cited by Reuters, the latest shutdown did not lead to any cancellations of shipments, but has caused delays of five cargoes, which apparently helped to boost LNG spot prices temporarily.
For the third time in the last eight months, production at Gorgon has been shut down.
In April, immediately after its first LNG shipment, Chevron had to
Analysts have not placed much emphases on the Gorgon delays, with
The Gorgon plant is the
In the last week of October,
By Julianne Geiger for Oilprice.com
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