By Renju Jose SYDNEY (Reuters) - Strike action at Chevron's two major liquefied natural gas (LNG) projects in Australia was paused for 24 hours because ...
Connor Bedard - toe drag release | SaltWireSYDNEY - Strike action at Chevron's two major liquefied natural gas projects in Australia was paused for 24 hours because of progress made in mediation talks, a union alliance said on Thursday, raising prospects the parties may be nearing a deal.
Australia is the world's biggest LNG exporter and the ongoing dispute over wages and conditions had stoked volatility in gas prices. Gorgon and Wheatstone operations account for more than 5% of global LNG capacity."Essentially we are pulling action from 0600 today until 0600 Friday on the basis of progress in talks ... essentially we are delaying Protected Industrial Action for 24 hours," the union spokesperson said in an emailed statement.
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