Exxon Mobil loses 400,000 barrels of oil as striking workers call off action

Despite the threat by the striking workers of an oil major in Nigeria, Exxon Mobil, to shut down its facilities by Monday, a relief of sort has come the way of the firm, as the workers announced suspension of the strike.

The company, which had been embroiled with a week-long workers’ strike had suffered a total loss of over 400,000 barrels of ouil output for the duration of the strike, which saw other sister companies in the sector threatening to join.

A meeting with stakeholders in the industry and the leadership of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), that lost about 85 of it’s members in a sack action, which triggered off the strike confirmed that intervention of some prominent members of the union had led to the suspension of the strike.

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“The strike has been suspended,” said Chika Onuegbu, who represents PENGASSAN in Rivers state.

Onuegbu, a senior PENGASSAN official, who also said the strike had been suspended following a ruling by an industrial arbitration panel and other interventions by stakeholders said it could be resumed without notice.

The latest industrial action was in protest of the sacking of 150 workers in December, of which 85 were PENGASSAN members.

 

 

 

 

 

 

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