Potential Strike at Inpex's LNG Facility Threatens Global Energy Supply
Workers at Inpex's Ichthys LNG facility in Australia have rejected a new employment agreement, raising the risk of a strike that could further tighten global energy supplies. The Offshore Alliance warned of dissatisfaction with the proposed contract. Union members are voting on industrial action, with global LNG supply already constrained.
In a significant development for the energy sector, Japan's Inpex reported that workers at its Ichthys LNG facility in Australia have voted against a new employment agreement, heightening the possibility of a strike that could further strain already tight global energy supplies.
The Offshore Alliance, which includes the Maritime Union of Australia and the Australian Workers Union, indicated that its 430 members opposed the proposed contract, criticizing it for not aligning with industry benchmark standards for wages and conditions. In response, an Inpex spokesperson stated that the company is committed to engaging in bargaining in good faith and working to address employee feedback.
Meanwhile, union members are finalizing their vote next week on potential industrial actions, with the ballot closing on April 24. This comes in the wake of global LNG supply constraints, exacerbated by the closure of the Strait of Hormuz amid the Iran conflict, impacting over 20% of the world's LNG supply.
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