Workers at Chevron Corp.’s LNG export terminals in Western Australia moved closer to a labor strike on Monday, lending support to global natural gas prices as the week got underway. Workers at the Wheatstone liquefied natural gas terminal’s offshore production platform voted in favor of work stoppages if necessary, joining others at Wheatstone’s downstream processing…
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Australia Labor Talks to Prevent LNG Terminal Strikes Seen Continuing for Days
Talks to avert strikes at three LNG export facilities in Western Australia are expected to stretch into next week after negotiations between the labor unions, Chevron Corp. and Woodside Energy Group Ltd. have made little headway. Discussions were scheduled to continue next Wednesday (Aug. 23) in order to give both sides time to consider what…
Labor Negotiations at Australian LNG Export Terminals Continue – The Offtake
Negotiations on Tuesday to avert labor strikes at three Australian LNG export facilities yielded no significant progress and are expected to continue as union members consider their options.
European Natural Gas Prices Mixed as Market Weighs Possibility of Strikes in Australia – LNG Recap
European natural gas prices saw mixed trading as the week got underway with the market’s unease over supply risks this winter showing further out the curve. The September and October Title Transfer Facility (TTF) contracts declined slightly on Monday and were trading near $11/MMBtu and $13, respectively. Winter contracts gained across the board and traded…
More Talks Scheduled to Avoid Strikes at Australia LNG Terminals – The Offtake
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.