Gorgon Cost Blowout: $52 Billion Total Project Value, an

Gorgon Cost Blowout: $52 Billion Total Project Value, an Industrial Info News Alert

PERTH, AUSTRALIA -- (Marketwire) -- 12/07/12 -- Researched by Industrial Info Resources Australia (Perth, Australia) -- Chevron Australia Pty Limited (NYSE:CVX) (Perth) released its highly anticipated detailed cost and schedule review on the Gorgon project today. A $9 billion price hike brings the total estimated project value to $52 billion.

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