1st Aug 2014 07:38
LONDON (Alliance News) - BG Group PLC Friday said notice has been given by one of the unions representing workers at the Queensland Curtis Liquefied Natural Gas project that it will take protected industrial action later this month.
The Construction, Forestry, Mining And Energy Union, one of four unions representing workers at the plant on Curtis Island, Queensland, Australia, said it would take the action on August 7.
BG said in a statement it was unaware of the scope or duration of the proposed industrial action and, therefore, said there is no change to the current date of the expected first LNG from the project of the final quarter of 2014.
BG said it would update markets again should any industrial action or any other material event prove likely to have a negative impact on the current schedule for the first LNG from the plant.
The news of the strike comes a day after BG posted soaring pretax profits in the second quarter on the back of the strong performance in its LNG unit.
BG shares were up 0.4% to 1,176.5 pence in early trade on Friday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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