Multi-billion dollar Chevron’s Gorgon project won a conditional approval from an Australian environmental regular. The flatback turtle ran, whooosh!, for cover.
Australia’s Environmental Protection Agency (EPA) of Western Australia said it was still opposed to the building of the Gorgon liquefied natural gas (LNG) facility on a nature reserve. But, IF certain conditions could be met, the EPA will go along.
The recommendations are conditional and a final decision will be made in two weeks. Meanwhile, Tom continues to run.
Chevron of the U.S. is partnering with Royal Dutch Shell Plc and Exxon Mobil Corp, to increase the size of Gorgon to 15 million tons per annum (mtpa). They already have approval for 10mpta. Run, Thomas, run!
Chevron and the Western Australia government estimate the costs will be about A$50 billion ($35 billion). LNG cargoes are expected in 2014 than the 2010-2011 target. Tommie, are you getting away?
Chevron owns 50 percent of Gorgon. The gas reserves are estimated to be 40 trillion cubic feet and “Asia is obviously the most promising market and one that is the most buoyant.”
Environmentalist, however are concerned with potential damage to a protected nature reserve on Barrow Island. The EPA said there will be impact on:
- flatback turtle nesting on the island
- introduction of non-indigenous species to the island’s ecosystem
- potential damage inflicted by seabed dredging.
The flatback turtle versus umpteen multi-billion dollar Chevron and it looks like the turtle will finally lose. Good grief!