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Newcrest and Chevron Australia sign natural gas agreement

Posted on 16 Dec 2019

Newcrest Mining has signed a domestic gas sale agreement with Chevron Australia that will see the energy company deliver domestic gas from its portfolio across the Wheatstone (pictured), Gorgon and North West Shelf facilities, in Australia.

Some 16 PJ of equity domestic gas will be delivered over the 3.5-year agreement, which will begin soon and end in July 2023, according to Chevron.

Chevron Australia Managing Director, Al Williams, said: “Chevron is a leading and growing domestic gas supplier to Australia and we’re proud to deliver new natural gas supply to Western Australian industries, businesses and households.”

He added: “As a reliable and cost-effective way to generate electricity, natural gas is a vital energy source for current and future energy needs, powering local jobs, industry and communities.”

At full capacity, the Chevron-operated Gorgon and Wheatstone natural gas facilities will produce 500 TJ/d of domestic gas for the Western Australia market – enough to generate electricity for 4.3 million households, according to the company.

As a key and growing participant in the evolving Western Australian market, Chevron is actively marketing domestic gas under long and shorter-term arrangements.