Chevron 2006 Annual Report Download - page 23

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GLOBAL GAS Global Gas is focused on commer-
cializing our large equity natural gas resource base
while growing a high-impact business. Chevron
operates in some of the world’s leading natural
gas basins and uses state-of-the-art technologies
to develop the full spectrum of natural gas — from
conventional pipeline gas to liquefi ed natural gas
(LNG) to gas-to-liquids (GTL). We hold the largest
natural gas resource position in Australia and have
other signifi cant natural gas holdings in western
Africa, Kazakhstan, Latin America, North America
and Thailand. Global Gas is highly integrated and
brings together the key businesses involved in
every aspect of developing natural gas — produc-
tion, liquefaction, shipping, regasifi cation, pipelines,
marketing and trading, power generation, and GTL
technology. Our strong integration enables us to
benefi t across the entire natural gas value chain.
We are moving forward to commercialize our vast
natural gas holdings from the giant Greater Gor-
gon Area, offshore Western Australia. We plan to
develop LNG projects for Gorgon, as well as proj-
ects in Angola and Nigeria, and we are evaluating
opportunities in Venezuela. During the year, we
delivered the fi rst natural gas from a fi eld offshore
Trinidad and Tobago to an LNG processing facility in
Point Fortin, Trinidad. The North West Shelf Ven-
ture (NWSV), offshore Western Australia, delivered
China’s fi rst imported shipment of LNG under a
25-year agreement. A fi fth LNG train is currently
under construction to accommodate increased
production from the NWSV. Chevron is an equal
one-sixth partner in the venture.
Our GTL joint venture, Sasol Chevron, is providing
management, operating and technical services for
a 34,000-barrel-per-day GTL plant under construc-
tion in Nigeria. The company also is pursuing GTL
opportunities in other countries.
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> Top: North West Shelf Venture, Western Australia; bottom:
Sour Gas Injection/Second Generation Plant project, Kazakhstan.
> Opposite page: Well Engineer Bobby Scott, Kern River Field, California.
21