Natural Gas: A Key to Global Energy Security
According to the Energy Information Administration, between now and 2030 global energy consumption is projected to increase by 44 percent with oil and gas, along with coal, continuing to meet the largest part of that demand. And as demand for energy grows rapidly worldwide, natural gas – the cleanest burning fossil fuel – will play a vital role in balancing economic growth and environmental responsibilities.
Most significantly, the International Energy Agency predicts demand for natural gas will grow by more than 67 percent by 2030.
World-Class Natural Gas Resources
With its strategic location offering prime access to the Asia-Pacific region, Gorgon – located on Barrow Island – is set to become one of the world's most significant natural gas projects.
Setting New Benchmarks in Technology
It’s estimated that Gorgon LNG sold globally will result in about 45 million tonnes less greenhouse gas emissions per year – when compared with coal. That’s equivalent to taking about two-thirds of all Australian vehicles off the road.
Our leading-edge carbon-dioxide injection technology also will further assist in offsetting the environmental impact of energy projects. When built, it will inject up to four times more carbon dioxide than any other project worldwide.
Linking Our Gas to the World
Our proposed LNG plant will comprise three trains capable of producing a total of 15 million tonnes per annum – equating to about three shipments a week leaving our purpose-built LNG loading jetty.
Gorgon also will provide important new natural gas supplies for Western Australian consumers. The Gorgon Project proposal includes the establishment of a domestic gas plant enabling the progressive supply of up to 300 terajoules per day of domestic gas, with delivery starting at or around start-up of the project’s third LNG train.