Key facts
- The Australian Workers Union will halt LNG cargo loading at INPEX LNG.
- The halt is scheduled from June 11 through June 23.
- This action follows previous strikes at the Ichthys LNG project.
- The Ichthys project accounts for approximately 2% of global LNG output.
The Ichthys project is a significant liquefied natural gas (LNG) export facility located off the coast of Western Australia. Disruptions at such a facility can impact global LNG supply and prices, particularly in the Asian market. The ongoing closure of the Hormuz Strait is also affecting a fifth of global supply, exacerbating potential market impacts.
