Norwegian offshore oil and gas workers went on strike over wages on Tuesday, the first day of planned industrial action that could cut the country’s gas exports by nearly 60% and exacerbate supply shortages in the wake. of Ukraine war.
By Saturday, daily gas exports would be cut by 1.117 million barrels of oil equivalent (boe), or 56% of daily gas exports, while 341,000 barrels of oil would be lost, the Norwegian employer lobby of oil and gas (NOG).
Oil and gas from Norway, Europe’s second largest energy supplier after Russia, is in high demand as the country is seen as a reliable and predictable supplier, especially with Russia’s Nord Stream 1 gas pipeline due to closure for maintenance. from July 11th for 10 days.
The price of UK wholesale gas for next-day delivery jumped nearly 16%, although the price of Brent crude fell as fears of a global recession outweighed fears of supply disruptions, including the strike in Norway.
“The strike has begun,” Audun Ingvartsen, leader of the Lederne union, said in an interview, adding that the union would escalate the strike to pressure employers to meet demands for wage increases to offset rising inflation.
Union members are senior employees, considered crucial to operations, and are among the highest paid employees working abroad.
Source: CNN Brasil
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