Australian unions threaten strike at Ichthys LNG facility, risking global supply

Summary

Australian trade unions plan a strike at Inpex's Ichthys LNG facility starting May 27, potentially causing 243 work stoppages. This industrial action follows failed negotiations over employment conditions, further straining global LNG supply amid ongoing geopolitical tensions. The situation is exacerbated by disruptions in the Middle East affecting LNG exports.

Recent Coverage

• Strikes Hit Two Australian LNG Facilities After Wage Talks Collapse

  OilPrice.com • May 20

• Strike action looming at Australian LNG facilities

  Upstream Online • May 19

• Australian Strike Could Worsen World's Already Strained LNG Markets

  OilPrice.com • May 18