Chevron says Gorgon project gets government approval

Wed Oct 10, 2007 5:26am BST
 
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SYDNEY, Oct 10 (Reuters) - U.S. energy major Chevron Corp (CVX.N: Quote, Profile, Research) said on Wednesday the Australian government has issued the final environmental approvals for the massive Gorgon liquefied natural gas (LNG) project off the nation's western coast, paving the way for a final investment decision.

Chevron is the operator of the project and holds a 50 percent stake. Exxon Mobil (XOM.N: Quote, Profile, Research) and Shell (RDSa.L: Quote, Profile, Research) each have 25 percent.

 
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