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Chevron notes cooperation of Australian government

A Chevron Corp. executive vice-president for upstream and gas, told a meeting of Asia-Pacific Economic Cooperation members that Asian governments need to promote policies to expand and diversity energy resources, especially natural gas.

Speaking at the APEC meeting in Singapore on Nov. 12, Kirkland cited Australia as a good example.

In September, Chevron and partners agreed to proceed with the $40 billion Gorgon LNG and upstream project off Australia.

“Gorgon will supply natural gas into the Asia-Pacific region as well as Australia domestically—with half the carbon footprint of coal,” Kirkland said. “Gas from Gorgon will significantly help expand and diversity the Asia-Pacific region’s energy supplies.”

Australia also worked with Chevron to support a carbon capture and sequestration component of Gorgon, Kirkland noted.

“Australia got it right with natural gas, a resource whose time has come,” he said.

He credits Australia's state and federal government officials with aggressively fostering policies and a political environment providing stable legal frameworks, predictable fiscal and tax regimes, and contact sanctity.

Labels: Chevron , Gorgon , Asia-Pacific Economic Cooperation , carbon capture and storage , Yeman LNG , Australia

posted by: noreply@blogger.com

091118 :Chevron notes cooperation of Australian government

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Paula Dittrick
Health, Safety & Environmental Blog
by Paula Dittrick

Paula Dittrick has covered oil and gas from Houston for more than 20 years. Starting in May 2007, she developed a health, safety, and environment beat for Oil & Gas Journal. Dittrick is familiar with the industry’s financial aspects. She also monitors issues associated with carbon sequestration and renewable energy.

Dittrick joined OGJ in February 2001. Previously, she worked for Dow Jones and United Press International. She began writing about oil and gas as UPI’s West Texas bureau chief during the 1980s. She earned a Bachelor’s of Science degree in journalism from the University of Nebraska in 1974.

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