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Free AccessAustralian LNG Strike Will Not Affect Japan's LNG Deliveries: Source
At least one Japanese buyer has been informed that LNG supplies from the Gorgon and Wheatstone LNG facilities will not be affected by the restart of industrial action from 19 October, a source with the Japanese buyer told S&P Commodity Insights.
- "We have been told by the sellers that LNG supply will not be affected from the Oct. 19 strikes," said the source.
- Chevron and the unions are scheduled to hold mediation talks on Wednesday with assistance from a Commissioner with Australia’s labour regulator.
- Japanese LNG lifting volumes account for 30% of Gorgon output and 83% of Wheatstone output, according to S&P Global calculations based on industry information
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.