media statement Chevron expands delivery of domestic gas to Alcoa
PERTH, Western Australia, 28 September 2020 – Chevron (TAPL) Pty Ltd today announced the signing of an agreement with Alcoa of Australia Limited (Alcoa) for the delivery of natural gas from Chevron’s leading domestic gas portfolio across the Wheatstone, Gorgon and North West Shelf facilities.
Commencing in January 2024, Chevron will supply Alcoa with an additional 37 petajoules of equity domestic gas over a multi-year term, further to an existing agreement signed by Chevron and Alcoa in December 2018 for the supply of 64 petajoules of equity domestic gas.
Chevron Australia managing director Al Williams welcomed the announcement, highlighting Chevron’s ongoing commitment to Western Australia.
“We are pleased to continue our valued relationship with Alcoa, a significant employer and driver of economic activity in WA.
“As a leading domestic gas supplier, Chevron Australia is committed to delivering affordable, reliable and cleaner-burning energy to homes, businesses and industrial customers across the state.”
At full capacity, the Chevron-operated Gorgon and Wheatstone natural gas facilities will be able to produce 500 terajoules per day of domestic gas for the Western Australian market – enough to generate electricity for 4.3 million households1.
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; is a significant investor in exploration; and delivers quality fuel products and services across Australia, operating or supplying a network of more than 360 retail locations and an extensive 24-hour hour diesel stop network, as well as 14 depots and three seaboard terminals via Puma Energy.
1 ACIL Allen Consulting 2015.
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This press release contains forward-looking statements relating to Chevron’s operations that are based on management’s current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “forecasts,” “projects,” “believes,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “could,” “should,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on schedule,” “on track,” “is slated,” “goals,” “objectives,” “strategies,” “opportunities” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this report. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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