WA LNG projects’ fortunes reflected in Greater Gorgon

11/13/2006
Problems faced by the Greater Gorgon Project in Western Australia reflect challenges to all the potential LNG projects in the region (map). Greater Gorgon is the largest among potential LNG export projects in Western Australia. Click here to enlarge imagePhase 1 will provide 10 million tonnes/year (tpy) of LNG capacity; second phase should deliver the same again.As with any project of this scale, there have been major challenges. Costs have increased, the schedule has slipped, the development plan has been criticized by environmental authorities, and uncertainties remain over partner alignment. Phase 1 is now expected to cost upwards of A$16.8 billion (US$12 billion), a 53% increase on t...
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