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Goldman Sachs on Australian LNG strikes: chance of a lengthy spike in gas prices are low

Goldman Sachs says that while strikes at the Chevron-operated Gorgon and Wheatstone LNG facilities in Australia will raise supply risks, the probability of long outage that could fuel a lengthy spike in gas prices are low. GS reason that: "This is both because of the potentially large revenue losses to Chevron, the facility operator, associated with a full LNG export outage, and because of potential regulatory intervention"GS said resolution of the industrial dispute could push Dutch TTF natural...
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Posted: Sep 14 2023, 03:16
Author Name: forexlive
Views: 091252