Gorgon LNG Offline for Seven Weeks of Repairs
Chevron has shut down more than half a train at its Gorgon LNG export plant in Australia for seven weeks of repairs, the US major said in a notification on its website on October 16.
The disruption began on October 11 and will continue until November 29. More than one train of capacity will also be taken offline for maintenance between May 23 and July 11 next year, Chevron said.
Gorgon LNG comprises three trains capable of producing 15.6mn mt/yr of LNG, sold mostly in the Asia-Pacific region. Chevron operates the plant with a 47.3% stake, while ExxonMobil and Shell each have 25% and the remaining interest Is held by Japan’s Osaka Gas, Tokyo Gas and Jera.
The shut-down comes at a time of a well-supplied gas market and follows a period of weakish crude oil prices, so it coincides with lowish term and spot gas prices.