[ad_1]
A roundup of reports 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 determine on additional delaying strike motion.
- Unions had been scheduled to begin partial work stoppages Thursday. Plans to begin full work stoppages Sept. 14 had 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 fuel costs in Europe fell practically 10% Wednesday after strikes had been postponed. They regained a few of these losses Thursday, climbing again above $10/MMBtu, as deliberate and unplanned outages in Norway reduce exports to Europe by greater than half to 123 million cubic meters.
- Adnoc Fuel plc mentioned Thursday it has signed a deal valued at as much as $550 million to produce LNG to state-owned PetroChina Worldwide Co. Ltd. as China continues to safe the super-chilled gas from suppliers internationally. Different phrases of the gross sales and buy settlement weren’t disclosed.
The publish TTF Climbs as Uncertainty Over Australian LNG Strikes Proceed – The Offtake appeared first on Pure Fuel Intelligence
[ad_2]
Source_link
