A roundup of stories and commentary from NGI’s LNG Perception
- The labor strike scheduled to start Thursday at Chevron Corp.’s Gorgon and Wheatstone LNG export services in Western Australia was postponed till 6 a.m. Perth time on Friday. Unions postponed work stoppages as contract negotiations continued and are quickly anticipated to resolve on additional delaying strike motion.
- Unions have been scheduled to start out partial work stoppages Thursday. Plans to start out full work stoppages Sept. 14 have been nonetheless scheduled until a dispute over pay and dealing situations is resolved.
- The Gorgon and Wheatstone terminals symbolize about 5% of the world’s liquefaction capability.
- Benchmark gasoline costs in Europe fell practically 10% Wednesday after strikes have been postponed. They regained a few of these losses Thursday, climbing again above $10/MMBtu, as deliberate and unplanned outages in Norway lower exports to Europe by greater than half to 123 million cubic meters.
- Adnoc Gasoline plc mentioned Thursday it has signed a deal valued at as much as $550 million to provide LNG to state-owned PetroChina Worldwide Co. Ltd. as China continues to safe the super-chilled gasoline from suppliers internationally. Different phrases of the gross sales and buy settlement weren’t disclosed.
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