Q&A On Australia's LNG Strike Risks

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by Tyler Durden
Tuesday, Aug 22, 2023 - 11:45 PM

Unions at Woodside Energy Group's North West Shelf offshore gas platforms on Sunday announced plans to strike as early as Sept. 2 - though the strike can be called off in the interim - which could eventually disrupt shipments of liquefied natural gas (LNG) from top global exporter Australia.

The strike threat escalates a long-running dispute between Woodside and workers over pay and conditions on its North West Shelf gas platforms, which feed Australia's biggest LNG plant.

The next round of negotiations is planned for Weds 23rd, and these have been described as “make or break” so this vote was pretty predictable, as it will put maximum pressure on the company ahead of the talks.