Chevron's Gorgon LNG facility resumes full production on May 29

Chevron Australia has resumed full LNG production from the Gorgon Gas Facility with the safe restart of a production train on May 29 following an earlier outage, a company spokesperson said May 31.

The Gorgon project, located on Barrow Island, comprises a three-train, 15.6 million mt/year LNG export facility and a domestic gas plant with the capacity to supply 300 Tj/d of gas to Western Australia.

The mechanical fault that affected one of the LNG production trains at Gorgon occurred at around 3 pm Australian Western Standard Time on April 30 in a turbine, although the domestic gas plant and the remaining two trains were unaffected and producing at full rates, a Chevron spokesperson said in early May.

The outage supported market sentiment in recent weeks and helped spot LNG prices rise to around $12/MMBtu. Platts, part of S&P Global Commodity Insights, assessed July JKM at $12.188/MMBtu on May 30, up 12.7 cents/MMBtu on the day.