Possible strikes at Australian LNG plants have global effects
Tom KirkmanIndependent Project Manager
The global butterfly effect of potential strikes at Aussie LNG facilities.
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(Bloomberg) — Potential strikes at three major liquefied natural gas facilities in Australia could disrupt about 10% of global exports of the fuel and deliver a new energy price shock across Asia and Europe.
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“The threat of industrial action at several LNG plants in Australia has lifted gas prices more than a quarter to their highest level since the middle of June. A drop in wind power generation also contributed to the higher gas price.
UKRAINE TRANSIT
Gas Transport System Operator of Ukraine, or GTSOU, has accepted a nomination from Russia’s Gazprom today to transport 42.4 million cubic meters of gas through the country on Thursday, as on Wednesday, data from GTSOU show.
Capacity was requested only through one of two entry points into Ukraine’s Gas Transport System, the Sudzha metering station. A request was not accepted through the Sokhranovka metering station.
“Gazprom is supplying Russian gas for transit through the territory of Ukraine at the volume confirmed by Ukraine via the Sudzha metering station at 42.4 mcm on August 10, with booking via the Sokhranovka metering station declined,” Gazprom spokesman Sergei Kupriyanov told reporters.
GTSOU has declared a force majeure with respect to acceptance of gas for transit through Sokhranovka, claiming that it cannot control the Novopskov compressor station. The route through Sokhranovka had provided transit of more than 30 mcm of gas per day. Gazprom believes that there are no grounds for the force majeure or obstacles to continuing operations as before. …”