GLOBAL LNG-Asian spot prices fall as Woodside averts strike

Asian spot liquefied natural gas (LNG) prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days. The average LNG price for October delivery into north-east Asia fell to $13.00 per million British thermal units (mmBtu) from $14.00 the previous week, industry sources estimated. Global LNG markets this week were roiled by news of potential strikes over pay and working conditions at facilities owned by Woodside and Chevron, which cumulatively account for 10% of global LNG supply.