Saudi ambassador announces support for Yemeni government for salary pay    Minister of energy meets with Pakistani, Brazilian and Libyan counterparts    Presidential Leadership Council hails Saudi Arabia's pivotal role in supporting Yemen's security    Saudi aid convoy reaches Gaza to succor displaced families    X restricts Grok after outrage over AI-edited images of real people    RCU governor inaugurates AlUla airport expansion raising capacity to 700,000 passengers annually    Saudi Arabia's annual inflation rate rises to 2.1% in December    stc group supports over 12 million Riyadh Season visitors with smart digital services and advanced network capabilities    Saudi Arabia strengthens cholera prevention in Yemen with shipment of medical supplies    ISS astronauts splash down to Earth in Nasa's first ever medical evacuation    Yemen's Presidential Leadership Council dismisses Faraj Al-Bahsani from membership    Al Taawoun condemn "repeated refereeing injustice" after late penalty defeat    European states to send troops to Greenland as US annexation threats escalate    SFDA slaps SR1.7 million fine on 10 pharmacies for violating RSD system    Saudi consumer awareness and regulatory collaboration bolster Philip Morris' efforts toward a smoke-free future: Akiki    Al Hilal strengthen Saudi Pro League lead with 3-1 comeback win over Al Nassr    'One Battle After Another' and 'Adolescence' dominate 83rd Golden Globes    KPop Demon Hunters wins Golden Globes for best animated feature, original song    Saudi Pro League: Momentum shifts as Al Hilal surge and Al Nassr stumble    British boxer Anthony Joshua discharged from hospital after Nigeria car crash    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Striking Gabon workers shut down oilfields
Published in Saudi Press Agency on 01 - 04 - 2011

Akhir 27, 1432 / April 1, 2011, SPA -- Striking workers in central African oil exporter Gabon are shutting down the nation's oil fields to press for more local hiring in the sector, a union official said on Friday. Some 50 percent of the country's 220,000-240,000 barrels of daily crude oil output will be shut by the end of the day, with the rest scheduled to be halted within 48 hours, Guy-Roger Aurat Reteno, secretary general of the ONEP union said, according to Reuters.
"Since midnight we started to shut down Gabon's oilfields. The shutdown procedures are ongoing," he told Reuters by telephone, adding distribution of fuel in the country was also paralysed.
Gabon's oil sector is one of the continent's most mature and has been in steady decline since output peaked at around 370,000 barrels per day in 1997. Energy revenues contribute account for about 40 percent of the country's budget.
The ONEP union represents about 4,000 of the country's 5,000 oil workers, and has a long history of grievances over pay and local hiring practices.
Gabon's government late last year agreed to trade union demands to limit foreign workers in its oil sector to 10 percent and require all executive posts to be held by Gabonese -- a decision the government has since rowed back from amid concerns it could slash foreign investment.
President Ali Bongo Odimba said this week he supported "gabonisation" of the oil sector, but said the effort must proceed carefully to ensure the industry remained competitive.
ONEP, which says its strike will continue indefinitely, says more than 83 percent of management positions in the oil sector are held by foreigners.
Major players in Gabon's oil sector include Total, Shell, and Tullow.
Gabon, one of a handful of sub-Saharan African countries with a Eurobond, has sought to diversify its oil-dependent economy while also soliciting the interest of oil companies to broaden their exploration efforts to revive the declining sector.


Clic here to read the story from its source.