Chevron workers escalate strikes, putting global gas supplies at risk

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Chevron workers escalate strikes, putting global gas supplies at risk
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Workers at Chevron’s two liquified natural gas plants in Australia — which accounted for 7% of global LNG supply last year — escalated their ...

Workers at Chevron’s two liquified natural gas plants in Australia — which accounted for 7% of global LNG supply last year — escalated their strikes, union representatives said.

Workers may soon go on a total strike or hours-long work stoppages ahead of a tribunal hearing. Meanwhile, a fault at one of the plants temporarily shut output by 25% on Wednesday. LNG prices have risen on the back of the strikes, while analysts are bracing for increased volatility in gas markets in the months ahead.

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