: European gas futures jump as Chevron talks in Australia fail


The key European gas contract rose Friday after negotiations at a key Australian liquified natural gas supplier failed to produce an agreement. The Dutch TTF natural gas contract for October rose 6% to 34.83 euros, as a partial strike by Chevron workers in Australia began. The Gorgon and Wheatstone facilities accounted for 7% of global LNG supply last year, according to Bloomberg. The union representing workers say they will stop completely for two weeks starting Sept. 14.

This article was originally published by Marketwatch.com. Read the original article here.

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