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Cyclone Narelle Keeps Australia LNG Offline as Chevron, Woodside Work on Restarts

The outages tighten an already strained LNG market linked to Middle East disruptions.

Overview

  • Chevron’s Gorgon and Wheatstone, which went down Thursday as Cyclone Narelle neared Western Australia, are being restored with full operations pending safety checks.
  • One of three LNG trains at Gorgon is shut while Wheatstone’s offshore platform suspension stopped LNG and domestic gas from the onshore plant.
  • Woodside reports a production interruption at its Karratha Gas Plant, and Santos says its Varanus Island facility tripped during severe winds.
  • The affected projects supplied almost two-thirds of Western Australia’s domestic gas in recent months, and officials say they are managing deliveries to keep supply consistent.
  • The curbs deepen a global squeeze tied to reduced Qatari shipments through the Strait of Hormuz, and spot LNG prices in parts of Asia have more than doubled.