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 potential actions could workers take if negotiations do not go as planned?

What is the significance of the Woodside deal in relation to Chevron's situation?

How does the potential strike action impact global gas markets?

What factors could mitigate the risk of gas shortages in Europe?

What are the implications of Asian bidders competing for gas supplies?