A roundup of news and commentary from NGI’s LNG Insight
- In a preliminary hearing Tuesday, Australia’s Fair Work Commission instructed Chevron Corp. to engage in further talks with labor unions that went on strike last week at its Gorgon and Wheatstone LNG facilities.
- The company had filed for an intractable bargaining declaration that would enable the commission to assist in negotiations or decide on the employment terms demanded by the unions. Exports from the facilities have not been impacted by partial work stoppages that started Friday, but walk-outs are set to begin Thursday unless a deal over pay and working conditions is reached.
- An affiliate of China Petroleum and Chemical Corp., aka Sinopec, has issued a buy tender for 24 LNG cargoes for delivery to China between November 2023 and December 2024, according to Kpler data. China International United Petroleum and Chemicals Co. Ltd. has also asked for flexibility to deliver the LNG to Japan, Korea or Taiwan. The spot tender marks another move into the market for Chinese buyers that have been restrained as they look to secure winter cargoes.
- Feed gas deliveries to the Freeport LNG terminal in Texas were down for a second day on Tuesday. Early nominations for flows to the 2 Bcf/d terminal were at 633.6 MMcf, according to NGI data. That’s up slightly from 589 MMcf on Monday after they dropped suddenly over the weekend for unclear reasons.
- Gulf South Pipeline LP, Freeport’s primary supply route, published operational alerts on Saturday and Sunday notifying customers of a “failure to take confirmed quantities” to Freeport and a reduction in nominations.
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