Tuesday, 14 January 2025
Home Topics Business Chevron Australia signs long-term gas supply deal with Alcoa
BusinessIndustryNatural GasNews

Chevron Australia signs long-term gas supply deal with Alcoa

26
FILE PHOTO: An Alcoa aluminum plant in Alcoa, Tennessee, U.S. is seen in this April 8, 2014 file photo REUTERS/Wade Payne/File Photo
FILE PHOTO: An Alcoa aluminum plant in Alcoa, Tennessee, U.S. is seen in this April 8, 2014 file photo REUTERS/Wade Payne/File Photo

U.S. oil giant Chevron’s Australian unit said on Tuesday it would supply a total of 130 petajoules of gas to aluminium producer Alcoa over a 10-year period starting 2028.

The gas will be supplied from Chevron’s 530 terajoules-a-day Gorgon and Wheatstone facilities, and North West Shelf Venture in the state of Western Australia, Chevron Australia said in a statement.

Separately, Alcoa said the gas would be used to power its alumina refineries in Western Australia.

Alcoa had previously secured gas supply deals with Chevron, Warrego Energy and Exxon Mobil in 2020 to power its Kwinana, Pinjarra and Wagerup alumina refineries in the state from 2024 onwards.

However, the aluminium company said in January that it would stop production at the Kwinana refinery, citing challenging market conditions and the facility’s age.

A spokesperson from Alcoa said an unexpected gas disruption and subsequent power outage at its Pinjarra Alumina Refinery on Tuesday had impacted process flow.

“Alcoa continues to restore refining operations at the site and the cause of the disruption is being investigated,” the spokesperson said.

(Reporting by Aaditya Govind Rao in Bengaluru and Melanie Burton in Melbourne; Editing by Subhranshu Sahu)

Related Articles

FILE PHOTO: Workers clean panels at a solar park in Modhera, India's first round-the-clock solar-powered village, in the western state of Gujarat, India, October 19, 2022. REUTERS/Sunil Kataria/File Photo
Climate FinanceEmissions

Climate Investment Funds secures $500 million debut bond for clean energy transition

CIF's $500M debut bond, aimed at funding low-carbon tech in emerging markets,...

Protesters are seen gathered outside the offices of the Alberta Energy Regulator as public hearings take place inside, in Calgary, Alta., Tuesday, Jan. 14, 2025. THE CANADIAN PRESS/Matthew Scace
BusinessClimateCoalCourtsEconomyEmissionsEnvironmentMiningPoliticsRegulations

Albertans await decision on potential coal mine as public hearings wrap up

Protests mark final hearing on controversial Alberta coal mine, as decision nears...

FILE PHOTO: Liberty Oilfield Services Inc. CEO Chris Wright rings a ceremonial bell on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 12, 2018.  REUTERS/Lucas Jackson/File Photo
BusinessElectricityEmissionsFuelPolitics

Senate Democrats urge Republican to delay hearing for Chris Wright

Democrats urge delay in confirmation hearing for Trump's energy nominee Chris Wright,...

FILE PHOTO: A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo
MaritimeOilPoliticsRegulationsTradeUnited Nations

Risks from unregulated tanker fleet rising, UN shipping chief says

UN shipping chief warns shadow fleet poses rising risks to environment, seafarers...

Login into your Account

Please login to like, dislike or bookmark this article.