Gorgon LNG Plant in Australia Shuts Train 3

By Jessica Jaganathan
Wednesday, January 16, 2019

Chevron Corp's Gorgon liquefied natural gas (LNG) project has temporarily halted train 3 to address a mechanical issue, a company spokesman told Reuters on Wednesday.

The cause of the halt is being investigated, he said.

"There is no interruption to trains 1 and 2 and we continue to produce LNG and load cargoes," he said.

The outage is expected to boost Asian LNG prices that are currently at an eight-month low and their weakest for this time of year in at least two years due to a mild winter in East Asia, industry sources said.

"It should lend some support to prices," a Singapore-based LNG trader said.

The mechanical issue is likely due to a heat wave sweeping across Australia, industry sources said, though this could not be confirmed with Chevron.

Higher than usual temperatures have the potential to affect the cooling processes of an LNG plant.

The past four days are all among Australia's top 10 warmest days on record, according to the country's Bureau of Meteorology in a tweet on Wednesday.

Only one cargo loaded this week, with another currently loading from the Gorgon project at Barrow Island off Western Australia, compared with three last week and five the week before, shipping data from Refinitiv Eikon showed.

The three-train Gorgon project, one of the world's largest natural gas projects, can produce 15.6 million tonnes of LNG annually from its three trains, according to Chevron's website.

Chevron is the Gorgon project operator, with its Australian subsidiary holding a controlling 47.3 percent. Exxon Mobil Corp and Royal Dutch Shell each have a 25 percent share, and the rest is held by Japan's Osaka Gas, Tokyo Gas and JERA.


(Reporting by Jessica Jaganathan; Editing by Tom Hogue)

Categories: LNG Australia/NZ

Related Stories

BP Adds Three Exploration Blocks off Indonesia

Wison Starts Topsides Fabrication for Türkiye’s Sakarya Deepwater FPU

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

Russia’s Yamal LNG Resumes Shipments to China After Months-Long Gap

Current News

BP Adds Three Exploration Blocks off Indonesia

Indonesia Signs Eight Oil and Gas Contracts

Inpex Inks Abadi LNG Gas Supply Deal With Indonesian State Firms

Energean Cuts 2026 Output Forecast After Israel Shutdown

Wison Starts Topsides Fabrication for Türkiye’s Sakarya Deepwater FPU

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Velesto Secures Malaysia Drilling Deal with Hibiscus

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

Global Businesses Face Mounting $25 Billion Fallout From Iran War

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com