Possible Chevron Strike Threatens Global Gas Markets

The video discusses the potential volatility in markets due to the Woodside deal and ongoing negotiations with Chevron. It highlights the possibility of industrial actions, such as strikes or stop work, and their implications. The impact on global gas markets is analyzed, noting that while Europe doesn't import gas from Australia, Asia does, which could lead to a bidding war. However, current high stockpiles in Europe and reduced demand in China may mitigate risks.

What is the earliest date mentioned for potential strike action by Chevron workers?

• September 1st

• September 7th

• September 21st

• September 15th

How much of the global LNG supply does Woodside contribute?

• 5%

• 7%

• 11%

• 15%

Which region does not directly import gas from Australia?

• North America

• South America

• Asia

• Europe

What could potentially spark a bidding war in the gas market?

• High stockpiles in Europe

• Reduced demand in China

• Asian and European bidders competing

• Increased production in Australia

What is the current state of gas stockpiles in Europe?

• Depleted

• At a seasonal high

• Unchanged

• At a seasonal low