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Minister Issues State Environmental Conditions for the Gorgon Project
August 10, 2009
PERTH, Western Australia, 10 August 2009 – Chevron Australia Pty Ltd today welcomed the timely approval of the Chevron-operated Gorgon Project by the Western Australian Environment Minister, the Honourable Donna Faragher.
Managing Director Roy Krzywosinski said, “This has been a rigorous and thorough assessment that has culminated with some of the most stringent conditions imposed on a major project anywhere in the world.
“These conditions reflect the Gorgon Joint Venture Participants’ commitment to safeguarding Barrow Island’s conservation values.”
Conditions to be complied with by the Project include:
- The provision of an additional $30 million to the existing $32.5 million commitment to establish a North West Shelf Flatback Turtle Conservation Program which includes activities to survey, monitor and research turtle populations. The program’s timing has also been extended from 30 years to the life of the Project.
- An additional $20 million to be allocated to the Project’s existing $40 million Net Conservation Benefits program to add to or improve biodiversity conservation values targeting, where possible, the biodiversity conservation values affected or occurring in similar bioregions to Barrow Island.
The Gorgon Joint Venture is committing a total of approximately $190 million in environmental offsets and Net Conservation Benefits.
Krzywosinski added, “The Gorgon Project is Australia’s single largest resource project and is set to deliver significant economic benefits and create thousands of jobs.
“The Federal Government can now proceed to finalise the environmental approval process which will allow for a final investment decision by the Gorgon Joint Venture participants,” said Krzywosinski.
The Gorgon Project is operated by the Australian subsidiary of Chevron (50%) in joint venture with Australian subsidiaries of ExxonMobil (25%) and Shell (25%). The project’s scope includes three, five million tonne per annum LNG trains; one of the world’s largest carbon dioxide injection projects; and a domestic gas plant.