A roundup of news and commentary from NGI’s LNG Insight

  • Negotiations to avert labor strikes at Woodside Energy Ltd.’s North West Shelf LNG export facility and Chevron Corp.’s Wheatstone and Gorgon facilities continued Friday. Another round of negotiations between the Offshore Alliance and the companies is scheduled for Tuesday (August 15). Talks over wages and working conditions have continued for months. The facilities can produce a combined 40 million metric tons/year of LNG, representing about 10% of global capacity. 
  • After skyrocketing earlier in the week due to supply concerns over potential work stoppages at the plants, European benchmark Title Transfer Facility (TTF) contracts declined for a second day Friday, falling through November. Winter contracts gained slightly....