CVX Faces Extended Wheatstone LNG Outage After Cyclone Disruption
Key Takeaways CVX's Wheatstone LNG facility is offline after cyclone damage, halting key production flows.Repairs may take weeks, tightening supply as over 30M metric tons/year faces disruption globally.Gorgon LNG runs at full capacity, but cannot fully offset Wheatstone's output shortfall.Chevron Corporation (CVX) , an integrated oil and gas company, is currently confronting a significant operational setback as its Wheatstone liquefied natural gas (“LNG”) facility in Western Australia remains offline follo ...