Offshore Alliance Cancels 2-Day Ichthys LNG Strike as Bargaining Progresses
Updated
Updated · Bloomberg · May 26
Offshore Alliance Cancels 2-Day Ichthys LNG Strike as Bargaining Progresses
2 articles · Updated · Bloomberg · May 26
Wednesday and Thursday stoppages at Inpex Corp.'s Ichthys LNG export project in Australia were called off after the Offshore Alliance said bargaining had advanced.
The union attributed the reversal to "progress made in bargaining," signaling talks with Inpex had improved enough to avert the planned walkout.
The decision removes an immediate labor threat at one of Australia's major LNG export operations while negotiations continue.
Is this averted strike a temporary truce before a larger conflict over Australia’s future in the global energy market?
As Australia keeps more gas for itself, will its energy supply to key allies like Japan become less reliable?