Anticipation of these strikes in Western Australia has caused unease in global gas markets in recent weeks, as union representatives had previously indicated their intent to disrupt Chevron’s operations.
Union officials have announced that employees are set to initiate a series of strikes commencing this Friday at Chevron’s gas facilities in Western Australia. This action poses a significant risk to a major production network responsible for generating five percent of the world’s LNG reserves.
Anticipation of these strikes has caused unease in global gas markets in recent weeks, as union representatives had previously indicated their intent to disrupt Chevron’s operations.
Originally scheduled for Thursday, the work stoppage was temporarily postponed following intervention by Australia’s labor regulatory authority, which facilitated last-minute negotiations.
The Offshore Alliance, the union representing Chevron’s unionized workforce, stated on Friday morning that the global energy conglomerate would now have to confront the consequences of its actions.
“It’s game on Chevron,” it said in a statement, adding that facilities would be “shut down” if they lacked “competent personnel”.