The start of supply from Russia's new project for producing liquefied natural gas (LNG), Arctic LNG 2, has been postponed after the company announced force majeure circumstances regarding supplies due to US sanctions.
The start of supplies from Russia’s newest liquefied natural gas project will be delayed after the company running it declared a force majeure on shipments in the wake of U.S. sanctions, Bloomberg reported on Dec. 21.
(Bloomberg) Chevron Corp. resumed full production from a liquefied natural gas export facility in Australia that suffered a fault last week, even as union members continue strikes at the site.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenHouse Republicans Prepare to Turn US Government Shutdown Into Immigration ClashThe World Is Struggling to Make Enough DieselHow Auto Executives Misread the UA
A Chevron Corp. liquefied natural gas plant in Australia reported a production outage Thursday as workers escalated a strike action against facilities that provide more than 5% of global LNG supplies. The U.S. energy giant said in a statement that it was working to resume full production at its Wheatstone facility “following a fault which has impacted about 25% of LNG production.” Chevron did not link the disruption to an escalation Thursday in the strikes at its Wheatstone and Gorgon LNG plants.