LNG Supply Cut Further After Cyclone Hits Australian Plants
Bloomberg.com • • world
Key Points:
- Three Australian LNG plants, supplying about 8% of the global market, have reduced output due to Tropical Cyclone Narelle.
- Karratha, an onshore processing facility linked to Woodside Energy's North West Shelf export plant, experienced production interruptions.
- Chevron reported the shutdown of one production unit at its Gorgon plant, along with a platform serving its Wheatstone facility and domestic gas production.
- The disruption adds to challenges faced by mainly Asian buyers already impacted by halted LNG shipments from Qatar.
