AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,599 Increased By 139.8 (0.55%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

SYDNEY: Australia’s Offshore Alliance union said on Sunday that workers had begun a second 24-hour strike at Chevron’s liquefied natural gas (LNG) plants in Western Australia.

“Another 24hr stoppage has been applied across all 3 facilities with 15% of Downstream members enacting rolling stoppages/bans after midday today,” an Offshore Alliance representative, who declined to be named, said.

The strike would run until 8 a.m. on Monday (0000 GMT), the union representative said, adding that meetings would be held “twice a day everyday” to decide on further strikes.

Chevron said it would not comment on the strikes and that its focus was maintaining safe and reliable operations in the event of disruption.

Workers on Saturday ramped up their industrial campaign against the US energy major with an initial 24-hour strike that ended at 8 a.m. (0000 GMT) on Sunday.

Offshore Alliance on Saturday said it intended to extend industrial action for a further two weeks to mid-October.

Prior to this weekend there have been more limited work stoppages at the remote LNG facilities after pay and condition talks between the union alliance and Chevron broke down this month.

Global LNG: Asian spot prices inch up as market eyes Australia strikes, Freeport

Chevron has asked Australia’s industrial tribunal to intervene in the dispute and cancel the strikes.

The tribunal is set to hold a hearing on the matter on Friday.

Chevron’s Australian LNG facilities account for over 5% of global supply, but analysts say the strikes will likely be temporary and pose little risk to the market, while key gas buyers already have enough inventory ahead of the northern hemisphere winter.

Comments

Comments are closed.