Chevron Says Australia LNG Workers Support New Labor Agreements
October 30 2023 - 12:47AM
Dow Jones News
By Rhiannon Hoyle
Chevron said Monday that workers at two large natural-gas
operations in Australia have voted in favor of new labor
agreements, ending a dispute that has rattled global gas
markets.
"Chevron Australia is pleased to confirm the proposed enterprise
agreements for frontline field operations employees at our Gorgon
and Wheatstone gas facilities have been supported by the majority
of employees in a vote," a spokesperson for the U.S. energy giant
said in an emailed statement.
The agreements will now be sent to Australia's Fair Work
Commission--the country's labor regulator--for approval, the
spokesperson said.
Chevron's Gorgon and Wheatstone facilities account for roughly
7% of the world's liquefied natural-gas supply and analysts had
cautioned that disruptions to production due to the dispute could
result in more competition globally for LNG cargoes.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
October 30, 2023 00:32 ET (04:32 GMT)
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