I read that Prelude is not producing and the shutdown has been cancelled , is this true due to the Unions shutting it ?
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What an absolute sh_t show.
At what a cost.........
A 76-day standoff at the Prelude LNG plant has ended between energy giant Shell and unions after a new employment deal was sealed, paving the way for LNG exports to resume from the offshore facility following a month-long shutdown. Unions and Shell have been at loggerheads over a new enterprise agreement for months, with unions pushing for a 30 per cent increase to the allowance given to workers working offshore, to $117,000 a year, and a range of improvements to conditions – and for bans on the introduction of contract workers. The UK oil major said an enterprise agreement for Prelude has been reached with the Australian Workers’ Union and Electrical Trades Union, while declining to disclose details of the truce. Spot LNG prices are trading at seasonal records and several major Asian nations including Japan and Pakistan are grappling with the threat of blackouts amid shortages of the fossil fuel.
Prelude - AKA disaster. Great concept. Pi_s Poor execution.
Unions are a cancer. They will move Prelude to Africa