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Chevron gives go ahead for $3 billion project

 


March 10, 2008

THAILAND/ENERGY
Chevron gives go ahead for $3 billion project

Chevron Corp, the second-largest US oil and gas company has decided to go ahead with the Platong Gas 2 project in Thailand at a cost of $3 billion, Reuters reported.

The project would increase processing capacity in the Gulf of Thailand by 420 million cubic feet a day, Jim Blackwell, president of Chevron's Asia-Pacific exploration and production division, said at a speech at a gas conference in Thailand.


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