Chevron Announces Carbon Storage & Control Measure For Its Aussie Gorgon Project
Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide.
Reportedly, Chevron has launched one of the world’s major projects to control and store carbon emission from LNG projects. The project will help inject CO2 into a deep reservoir situated under an island off Western Australia at its Gorgon LNG project and will ramp up Gorgon’s emissions by 40 percent over the life of the project, as per reports. The initiative came into action after a delay of more than two years related to issues in valves and pipeline equipment. The Gorgon project is owned by Chevron, Exxon Mobil Corp, Royal Dutch Shell, and Japan’s Osaka Gas, Tokyo Gas, and JERA.
Gorgon field is the largest emitter of the carbon among Australia’s other LNG plants emitting 14% CO2. Growth in LNG exports has been a major contributor to rising CO2 emissions by Australia emitting 538.2 million tonnes of carbon dioxide alone in 2018.
“We are pleased to reach the first milestone of safely starting the operation of the Gorgon carbon dioxide injection system, one of the world’s largest greenhouse gas mitigation projects ever undertaken by industry,” stated Chevron Australia Managing Director Al Williams.
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