Chevron Workers' Strike Threatens Global Gas Markets

Workers at two major liquefied natural gas (LNG) plants in Australia, operated by Chevron, are set to go on strike from 7 September over pay and working conditions. The strike could potentially drive up global gas prices. The Wheatstone and Gorgon sites produce over 5% of the world's LNG. Chevron stated that it would take steps to maintain safe operations during any disruption. The Offshore Alliance, representing energy workers, has been negotiating with Chevron on issues including pay, job security, rosters, and training standards. Energy analyst Saul Kavonic expects a limited impact on global gas prices but warns of potential surges if the strike escalates.