The cost of Chevron’s (CVX -0.8%) massive Gorgon liquefied natural gas project in Western...

|About: Chevron Corporation (CVX)|By:, SA News Editor

The cost of Chevron’s (CVX -0.8%) massive Gorgon liquefied natural gas project in Western Australia could balloon as much as $20B, and CVX is expected to reveal the cost blow-out before year-end, sources say. CVX’s current cost estimate for the 15M metric tons/year LNG project, which is expected to deliver its first gas in 2014, is ~$37M.