On Tuesday, a spokesman of Chevron Corp. said that the company has targeted to restart Train 2 of its Gorgon liquefied natural gas (LNG) plant in Australia in early September after he finishes repairs.
The repairing work started on May 23 and the restart was originally planned for July 11 but it has to be extended following the finding of issues with weld qualities in the train’s propane heat exchangers during routine planned maintenance.
At the moment, the repairing process is underway on the exchangers.
According to the spokesman, the contractual commitments with customers are not disrupted as the plant’s Train 1 and Train 3 are producing and the domestic gas and LNG are delivered by the company.
However, the prolonged closure of the processing train is likely to boost Asian spot LNG prices. On Friday, prices had already risen close to a four-month high albeit still lower than the same period of 2019.
Previously on Thursday, Australia’s Department of Mines, Industry Regulation, and Safety (DMIRS) revealed its plan to inspect the Gorgon plant in the near future after a trade union called for its closure.
