Chevron signs domestic gas sale agreement
PERTH, Western Australia, 13 December 2019 – Chevron (TAPL) Pty Ltd today announced the signing of a domestic gas sale agreement with Newcrest Operations Limited for the delivery of natural gas from Chevron’s leading domestic gas portfolio across the Wheatstone, Gorgon and North West Shelf facilities.
Starting in late 2019, Chevron plans to supply Newcrest with a total of 16 Petajoules of equity domestic gas over the 3.5 year term of the agreement until July 2023.
Chevron Australia managing director Al Williams welcomed the agreement, the latest to deliver ever-cleaner energy to Western Australia.
“Chevron is a leading and growing domestic gas supplier to Australia and we’re proud to deliver new natural gas supply to Western Australian industries, businesses and households.”
“As a reliable and cost-effective way to generate electricity, natural gas is a vital energy source for current and future energy needs, powering local jobs, industry and communities.”
At full capacity, the Chevron-operated Gorgon and Wheatstone natural gas facilities will produce 500 terajoules per day of domestic gas for the WA market – enough to generate electricity for 4.3 million households.1
As a key and growing participant in the evolving Western Australian market, Chevron is actively marketing domestic gas under long and shorter-term arrangements.
Chevron is one of the world's leading integrated energy companies and through its Australian subsidiaries, has been present in Australia for more than 60 years. With the ingenuity and commitment of thousands of workers, Chevron Australia operates the Gorgon and Wheatstone natural gas facilities; manages its equal one-sixth interest in the North West Shelf Venture; operates Australia’s largest onshore oilfield on Barrow Island; and is a significant investor in exploration.
1 ACIL Allen Consulting 2015
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