The EPA’s decision is an important step in the regulatory process. Chevron can now continue to assess the conditions as it works toward a final investment decision in the second half of this year.
Gorgon is Australia’s single largest resource project and is set to deliver significant economic benefits and create thousands of jobs.
Chevron is currently reviewing and assessing the EPA’s proposed conditions. The company acknowledges that under the state’s process the government provides final approval for the project.
The joint venture participants – Chevron (operator 50%), Royal Dutch Shell Plc (25%) and Exxon Mobil Corporation (25%) are committed to moving the project forward on Barrow Island and believe the environmental impacts of the project can be minimized and effectively managed in accordance with environmental best practices.
With proper management and planning, Chevron has demonstrated that development and conservation can coexist.
The environmental assessment for the Gorgon project has been the most comprehensive in Australia. It is the result of six years of preparation, including the research and contributions of numerous independent experts, and extensive community consultation.
The Gorgon project is expected to boost gross domestic product, generate significant government revenue and create local opportunities through goods and services. It also includes a domestic natural gas capability which will provide more energy security for Western Australians.
