Gorgontuan- Another $2 Billion BlowOut

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Too much cost blow ups.

The increase comes about a year after Chevron revealed a 40% increase on the estimated cost of the Gorgon project from $36.7 billion to $52 billion (AND NOW $54 BILLION)

That is a $17.3 Billion blow up, and that blow up amount alone,  is in the ball-park with cost to build PNG LNG and likely, the cost for proposed 8Mtpa IOC/TOT plant.

Too much cost blow-ups.

The increase comes about a year after Chevron revealed a 40% increase on the estimated cost of the Gorgon project from $36.7 billion to $52 billion (AND NOW $54 BILLION)