How LNG Strikes in Australia Will Impact Natural Gas Supply
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2023-09-08 12:23
Workers at Chevron Corp.-operated liquefied natural gas facilities in Australia could begin industrial action from Friday if a

Workers at Chevron Corp.-operated liquefied natural gas facilities in Australia could begin industrial action from Friday if a final round of talks fails to resolve a long-running dispute on pay and conditions.

Read More: Chevron LNG Talks Resume Friday as Union Poised to Begin Strikes

Strikes are scheduled to begin from 1 p.m. Perth time across the Gorgon and Wheatstone plants and the Wheatstone offshore platform in Western Australia. The sites together supplied about 7% of the world’s LNG last year.

While the impact of strikes may be limited initially, as demand is currently weaker in Europe and Asia, any prolonged disruption would threaten supplies for the peak northern hemisphere winter season and likely push up prices.

According to documents seen by Bloomberg, unions have notified Chevron that action from Friday could include:

A planned escalation if no agreement is reached by Sept. 14 would then effectively halt LNG exports, with workers then also refusing to:

Unions currently plan the following work stoppages, according to the documents:

Here are the key dates so far in the dispute:

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