The Star Late Edition

Strike threat to oil industry

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A MAJOR Nigerian oil union said on Saturday it would launch a strike from today after talks aimed at resolving a dispute with domestic oil and gas companies reached a deadlock. The Petroleum and Natural Gas Senior Staff Associatio­n of Nigeria (Pengassan), whose members mainly work in the upstream oil industry, is clashing with the companies over the laying off of union members. The strike could hit Nigeria’s oil production and dent exports, as they did in December last year during a Pengassan action against ExxonMobil. “Pengassan has commenced mobilisati­on for the strike,” a spokespers­on for the union said. The dispute arose after domestic oil and gas companies and marginal field operators laid off union members. Marginal fields refer to discoverie­s that have been left for others to develop. – Reuters ANGOLA

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