X-Trade Brokers  (X-Trade Brokers )
Commodities  |  August 27, 2012 20:07:00

The threat of a strike in Norway

Norwegian oil and gas industry could threaten strike 5,800 service employees after not reached consensus on wages and salaries. The strike of workers on oil rigs already reduced oil production this summer by about 15%. Service personnel who provide repairs, servicing and maintenance of equipment for oil and natural gas, including administrative staff represents Industri Energi - the largest union in the country. The collective agreement between the employer and employees at oil platforms have already been achieved at the beginning of this year and we want the same wages and working conditions asworkers at sea, said President Leif Sande Industri Energi.

A spokesman for the Norwegian oil industry association (OLF) Eli Ane Nedreskar however, stated that the union demands are significant and very costly, but denied that the workers' strike had immediate impact on production. As staff service organizations reached an agreement with the OLF's salaries until Friday 17 pm local time, asked for further negotiations provider. It is assumed that both parties agree in one month.

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