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Norway strike could cut gas output by 13% next week, oil lobby says
Reuters ^ | Jul 3, 2022

Posted on 07/03/2022 12:38:39 PM PDT by 11th_VA

OSLO, July 3 (Reuters) - A planned strike next week by Norwegian energy sector workers could cut the country's gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers' group the Norwegian Oil and Gas Association (NOG) said on Sunday.

Oil output could be cut by 130,000 barrels per day, NOG added, corresponding to around 6.5% of Norway's production, according to a Reuters calculation.

The strike, in which workers are demanding wage hikes to compensate for rising inflation, comes at a time of high oil and gas prices, with supplies of natural gas to Europe particularly tight after Russian export cutbacks.

Members of the Lederne labour union, who make up around 15% of the country's offshore petroleum workers, on Thursday voted down a proposed wage agreement that had been negotiated by companies and union leaders.

As a result, they plan to begin a strike at three offshore fields on July 5, and to add three more fields the following day unless a solution is found.

(Excerpt) Read more at reuters.com ...


TOPICS: News/Current Events
KEYWORDS: bidenbots; blameitonputin; greenenergy; liberalworldorder; russiarussiarussia; ukraineuberalles

1 posted on 07/03/2022 12:38:39 PM PDT by 11th_VA
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To: 11th_VA

It’s almost like a one world gov’t was directing this assault on global energy and the quality of life energy/oil provides...


2 posted on 07/03/2022 12:40:29 PM PDT by newfreep (“Leftism, under all of its brand names, is a severe, violent & evil mental disorder.”)
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To: newfreep

Expect more disruptions to fuel and farming. They are trying to take us to 1.5 carbon emissions in 8 years. If we’re at 14 - plan on more pain. Until this insanity is stopped in its tracks.


3 posted on 07/03/2022 1:00:43 PM PDT by HollyB
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To: 11th_VA

They are striking because oil/gas are in short supply due to Mad Vlad. _____ Mad Vlad gave them leverage.


4 posted on 07/03/2022 1:06:05 PM PDT by dennisw
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To: dennisw

They want higher wages due to inflation


5 posted on 07/03/2022 1:08:15 PM PDT by HollyB
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To: 11th_VA

As a young adult, I saw this before, and this kind of salary demand to offset inflation will become more and more common.

For all you youngsters out there, it’s called a “wage-price spiral”.

Thanks Brandon and all your elitist buddies.


6 posted on 07/03/2022 2:00:44 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: dennisw

Putin did not cause this, the new “green deal reset” caused it. Putin has gotten very wealthy off this nonsense. He has used it to finance this incursion into Ukraine.


7 posted on 07/04/2022 4:38:52 AM PDT by Machavelli (True God)
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