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THE NEW YORK TIMES: Chevron to Appeal Australian Environment Assessment

By REUTERS
Published: June 5, 2006
Filed at 10:25 p.m. ET

SINGAPORE (Reuters) – U.S. oil major Chevron (CVX.N) said on Tuesday it would appeal an Australian environmental assessment that could block its A$11 billionGorgon liquefied natural gas (LNG) project.

The Environmental Protection Authority (EPA) in Western Australia said on Tuesday it would advise the government to reject the proposed project off the state’s coast.

“We are confident we can resolve the EPA’s residual concerns,” Chevron said in a statement.

The Gorgon LNG project, which will be operated by 50 percent stakeholder Chevron, has raised concerns about its potential impact on the ecology of Barrow Island.

ExxonMobil (XOM.N) and Royal Dutch Shell Plc (RDSa.L) each have a 25 percent stake in the project.

 

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