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Australian LNG Strikes to Hit Just 1.5 Cargoes: ICIS

NATURAL GAS

ICIS has updated its Gorgon and Wheatstone LNG forecast to capture 1 week of strike action. The initial ICIS analyst estimate is that during this time there is a 20% cut in output. Which equates to net loss of just 95,100 tonnes or only 1.5 cargoes.

  • Unions plan the following work stoppages based on a document seen by Bloomberg
  • Gorgon: 7 hours on Sept. 7, 10 hours on Sept. 8, 11 hours on Sept. 9, 10 hours on Sept. 10, 10 hours on Sept. 11, 10 hours on Sept. 12, 10 hours on Sept. 13
  • Wheatstone Downstream: 7 hours on Sept. 7, 10 hours on Sept. 8, 11 hours on Sept. 9, 10 hours on Sept. 10, 10 hours on Sept. 11, 10 hours on Sept. 12, 10 hours on Sept. 13
  • Wheatstone Platform: 3 hours on Sept. 7, 4 hours on Sept. 8, 4 hours on Sept. 9, 4 hours on Sept. 10, 4 hours on Sept. 11, 4 hours on Sept. 12, 4 hours on Sept. 13, 1 hour Sept. 14
Energy BulletsCommodities
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