Nigerian oil worker unions at state-owned Nigerian National Petroleum
Corporation and Nigerian Petroleum Development Company have called off a
strike that shut about 100,000 b/d of production for a week, union and company
officials said late Monday.
The Pengassan and Nupeng unions started the strike May 18 to protest the transfer by the government of the operatorship of onshore oil block OML 42, sold by Shell to local firm Neconde.
"Since the strike has been called off, other necessary things will follow," a NPDC spokesman said, referring to the restart of oil production at shut fields, without giving further details.
Some in the industry feared a prolonged strike could disrupt Nigeria's 2 million b/d in oil production and exports.
Although more than 90% of Nigeria's crude oil comes from fields operated by foreign companies, NNPC workers are still required to process and approve documents relating to joint venture production and exports.
FUEL TRUCK DRIVERS END STRIKE
Also Monday, Nigerian fuel truck drivers suspended their weeklong strike that caused crippling oil products shortages in the country.
The drivers agreed to resume fuel loading following the intervention of the Senate committee on petroleum resources, which promised to look into drivers' and marketers' demands of payment for subsidy claims on previous imports, a union spokesman said.
"We have agreed to call off the strike temporarily based on the assurance given by the government to address the marketers' demand for the settlement of the price differentials in the exchange rate in the cost incurred on [gasoline] imports," said Nupeng union spokesman Nojeem Korodo.
Femi Lawore, a spokesman for the main fuel marketers, confirmed a deal was reached with the government and drivers agreed to resume fuel loading.
The marketers -- including the local downstream arm of Total and ExxonMobil, as well as Oando, Conoil and MRS, which account for more than 40% of Nigeria's gasoline imports -- were demanding that the government pay N200 billion ($1.05 billion) in subsidy claims.
The Pengassan and Nupeng unions started the strike May 18 to protest the transfer by the government of the operatorship of onshore oil block OML 42, sold by Shell to local firm Neconde.
"Since the strike has been called off, other necessary things will follow," a NPDC spokesman said, referring to the restart of oil production at shut fields, without giving further details.
Some in the industry feared a prolonged strike could disrupt Nigeria's 2 million b/d in oil production and exports.
Although more than 90% of Nigeria's crude oil comes from fields operated by foreign companies, NNPC workers are still required to process and approve documents relating to joint venture production and exports.
FUEL TRUCK DRIVERS END STRIKE
Also Monday, Nigerian fuel truck drivers suspended their weeklong strike that caused crippling oil products shortages in the country.
The drivers agreed to resume fuel loading following the intervention of the Senate committee on petroleum resources, which promised to look into drivers' and marketers' demands of payment for subsidy claims on previous imports, a union spokesman said.
"We have agreed to call off the strike temporarily based on the assurance given by the government to address the marketers' demand for the settlement of the price differentials in the exchange rate in the cost incurred on [gasoline] imports," said Nupeng union spokesman Nojeem Korodo.
Femi Lawore, a spokesman for the main fuel marketers, confirmed a deal was reached with the government and drivers agreed to resume fuel loading.
The marketers -- including the local downstream arm of Total and ExxonMobil, as well as Oando, Conoil and MRS, which account for more than 40% of Nigeria's gasoline imports -- were demanding that the government pay N200 billion ($1.05 billion) in subsidy claims.
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