from dls and bpt re cooper basin, page-6

Statement today from Chevron

Global energy giant Chevron says it is in "active discussions" with customers to increase the amount of LNG sold from its Gorgon mega-project under long-term contracts from 65 to 85 per cent.

Love this bit

"The closer we get to our first LNG the more valuable the volumes are going to be,'' the company's Australian managing director, Roy Krzywosinski, said.

Chevron, the second largest American oil company behind ExxonMobil, says it will produce its first gas early in 2015.