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6 of the 10 most expensive energy projects in the world are in Australia

image credit: Gorgon is one of the largest natural gas projects in the world. Fair use.
Bob Meinetz's picture
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...and every one involves either extracting or shipping fossil fuel gas.

gallery big projects glng
#9 - GLNG - $30 billion

    Location: Australia
    Companies: Santos, Petronas, Total, Kogas

This development takes natural gas found in coal seams and ships it 260 miles by pipeline to an island off the northeast city of Gladstone.

Queensland Curtis LNG
#7 - Queensland Curtis LNG - $34 billion

    Location: Australia
    Companies: BG Group

This is another project to extract natural gas from coal seams in Northeastern Australia. Here, modules for the liquefaction facility arrive from a fabrication yard in Thailand. Over 80 modules will arrive in the next year.

Wheatstone Plant Site Chevron
#6 - Wheatstone - $35 billion

    Location: Australia
    Companies: Chevron, Apache, Tokyo Electic Power Compnay, Kuwait Foreign Petroleum Exploration Company, Royal Dutch Shell, Kyushu Electric Power Company

Another Australian LNG project -- this time northwestern Australia. Chevron owns 64% of this project, and it's one of the company's flagship developments worldwide.

Those are the least expensive ones.

More...(CNN Money)

Graeme Tychsen's picture
Graeme Tychsen on Mar 2, 2022

The universality of fossil power, burning to release energy, has brought us to black hole pitfalls. I am always sceptical of a person being a strong advocate of a particular source of energy, though we can all agree, it will have to be clean, at least the well fought for goal, of very close to, for all its production line. Governments and cabinets should be on a power / energy footing equivalent to a war footing one, with a national science/applied science body / task force, working to it. Nothing less than a considered approach to the world of power, of a civilisation built on massive power, maintained on massive power and run on massive power, that cannot now come quickly enough, per the non-negotiable long standing warning, for the world, the US National Oceanic and Atmospheric Administration's warning, there is no room for fossil power expansion, though emissions continue to rise, of a world which simply cannot get enough power, probably the terminal case of human ingenuity fast out running its capability to fully manage what it initiates.

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