Chevron Corp. disclosed this week that both of its liquefied natural gas (LNG) facilities in Australia are producing above their nameplate capacity.
The San Ramon, CA-based supermajor has increased the initial capacity of the three-train Gorgon development by 5%, while the capacity at the two-train Wheatstone project has grown to 9% above nameplate.
Upstream chief Jay Johnson discussed the project on Tuesday during the annual investor day.
“The incremental 5% is pretty valuable for us,” Johnson said of Gorgon. “The reliability of Gorgon has been steadily increasing, and we’re actually quite pleased with it.”
Chevron, which operates Gorgon with a 47.3% stake, temporarily took the first two trains offline last year for repairs after welding cracks were discovered....
