SOURCE: Industrial Info Resources

Industrial Info Resources

November 18, 2014 06:15 ET

Delays, Labor Issues Blamed for Spiraling Gorgon Project Costs, an Industrial Info News Alert

PERTH, AUSTRALIA--(Marketwired - Nov 18, 2014) - Researched by Industrial Info Resources Australia (Perth, Australia) -- The massive cost blowout of Chevron's (NYSE:CVX) (San Ramon, California) Gorgon liquefied natural gas (LNG) project has received widespread global attention. Since the start of construction in 2009, the cost of Gorgon has ballooned from $37 billion to $54 billion, making it the world's most expensive LNG project.

Within this article: Overview of rising costs of the Gorgon LNG project by Chevron

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