Global natural gas markets were tepid Tuesday despite growing risks of Australian LNG work stoppages.

While the global natural gas community gathered in Singapore for the start of the Gastech 2023 conference, workers at Chevron Corp.’s Gorgon and Wheatstone liquefied natural gas terminals disclosed plans for walkouts. Representatives for the Offshore Alliance said workers could initiate work stoppages up to 24 hours a day starting Sept. 14.

The notice came after workers last week gave Chevron notice walk-outs for 11 hours a day from Sept. 7-13.

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Looking to February

Most of the volumes potentially...