Chevron LNG Talks Drag Into Friday

The transcript discusses ongoing negotiations between two parties, with a focus on the offshore alliance and Chevron. Talks have been extended with a new deadline set for 1:00 PM Perth time. If unresolved, strike actions are planned, starting with intermittent actions and leading to full strikes from September 14th. The Gorgon and Wheatstone LNG plants, responsible for 7% of global LNG supply, are central to the dispute. The potential impact on global markets, especially in Asia and Europe, is significant. The offshore alliance is using combative language, indicating a wide gap between the parties.

What is the deadline set for the ongoing negotiations?

• 5:00 PM Perth time

• 10:00 AM Perth time

• 1:00 PM Perth time

• 3:00 PM Perth time

Which LNG plants are involved in the strikes?

• Prelude and Ichthys

• Gorgon and Wheatstone

• Darwin and Bayu-Undan

• North West Shelf and Pluto

What percentage of the global LNG supply is affected by the strikes?

• 5%

• 7%

• 12%

• 10%

When are the 24-hour stoppages planned to begin?

• September 10th

• September 12th

• September 14th

• September 16th

Which regions are expected to have increased demand for LNG from Australia?

• North America and South America

• Asia and Europe

• Australia and New Zealand

• Africa and Middle East