Green Markets

EWN Publishing

APEC-hurry-up to CO2-dump approval, gave piece of the profits to Japan: as WA approves Chevron’s Gorgon dump

Posted by gmarkets on 18 September, 2007

West Australian Environment Minister David Templeman issued environmental approvals and imposed 36 conditions on the undertaking and Chevron Australia managing director Jay Johnson said the company was in talks with Japanese customers about taking a minority equity stake in Gorgon. “Chevron has been working with three Japanese customers and there are provisions for equity participation and purchase of LNG from Chevron,” he said to The Advertiser, 8/9/2007, p. 86

Giant CO2 dump underground: Chevron Australia’s general manager Colin Beckett described the conditions as some of the most stringent imposed on a major project anywhere in the world. “We’ll be stripping the carbon dioxide out from the (gas) reservoir and then injecting it into a saline reservoir beneath Barrow Island, where it will be permanently stored,” Beckett said. “We’ve been pursuing this injection scheme for a number of years and participated in research in the late 1990s, which gave us confidence to be able to do this.

The Advertiser, 8/9/2007, p. 86

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