Inpex and unions hold final talks to avert LNG strike
Negotiations to prevent a strike at Inpex's Ichthys LNG plant enter their final day on Friday. Unions warn of industrial action if pay and condition disputes remain.
Unions and INPEX CORP enter the final day of mediated talks on Friday to prevent a strike at the Ichthys LNG facility. The 9.3 million metric-ton-a-year plant in Australia faces potential work stoppages if negotiations fail to produce a deal. A disruption threatens to tighten global energy supplies as Asian demand rises.
### Supply Risks for Japanese Utilities The Offshore Alliance warned it will issue a strike notice late evening on Friday unless Inpex meets benchmark industry standards for wages and conditions. Under local labor laws, industrial action at the Darwin-based facility could begin as soon as next Wednesday. Japan relies on Australia as its largest LNG supplier and currently faces a potential supply crunch.
