LIQUEFIED NATURAL GAS – WESTERN AUSTRALIA

Gorgon’s first LNG cargo faces delay

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 13 : 3-Aug-15

US-based Chevron has advised that the Gorgon LNG project may not commence shipments until early 2016. Production was initially slated to begin in the September 2014 quarter, but this was subsequently pushed back to late 2015 due to delays and a cost blowout. Chevron executive Jay Johnson says unforeseeable events such as inclement weather could further delay the $US54bn project, which also faces the threat of strike action over enterprise agreement negotiations.

CORPORATES
CHEVRON CORPORATION, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN MANUFACTURING WORKERS’ UNION, AUSTRALIA. FAIR WORK COMMISSION, EXXONMOBIL CORPORATION, ROYAL DUTCH SHELL PLC, CB&I INCORPORATED

Strike threat poses new risk to $73b Gorgon gas project

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 11 : 20-Jul-15

The Fair Work Commission has given the green light for unions to hold a ballot of Gorgon LNG workers, prompting concerns that strike action will lead to further delays in completing the $US54bn ($A73bn) project. The protected ballot of CB&I employees follows the failure of negotiations over a new enterprise agreement. Chevron anticipates that exports from the Gorgon venture will commence by the end of 2015.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, CB&I INCORPORATED, CHEVRON CORPORATION, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN MANUFACTURING WORKERS’ UNION, EXXONMOBIL CORPORATION, ROYAL DUTCH SHELL PLC

Woodside’s FLNG venture design begins

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 26 : 2-Jul-15

Australian-listed Woodside Petroleum and its partners in the Browse floating LNG project will commence front-end engineering and design work. Woodside still hopes a final decision on the project will be made in the second half of 2016, although Citigroup recently forecast that a decision will be delayed until mid-2017. Woodside will hold a 30.6 per cent stake in the Browse project, which has not secured any customers.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, ROYAL DUTCH SHELL PLC, BP PLC, MITSUI AND COMPANY LIMITED, MITSUBISHI CORPORATION, PETROCHINA COMPANY LIMITED, WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET, CITIGROUP PTY LTD, UBS HOLDINGS PTY LTD