Chevron Seeks Australian Help to End LNG Strikes Threatening Global Supplies
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Chevron has asked an Australian labor regulator to intervene in its dispute with unions at LNG facilities.
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Workers have been undertaking partial strikes since last Friday, causing LNG prices to surge.
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Chevron says it has made generous offers, but unions are asking for terms above market rates.
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Unions plan a complete 2-week strike starting Sept. 14 if no agreement is reached.
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The strikes have affected facilities that supplied about 7% of the world's LNG last year.