Colombia's Ecopetrol Says It Can Keep Oil Flowing If Strike Starts

Colombia's Ecopetrol Says It Can Keep Oil Flowing If Strike Starts
Ecopetrol has prepared a contingency workforce to maintain output should strike action by the main oil sector union go ahead, a senior official says.

Reuters

BOGOTA, March 9 (Reuters) - Colombia's largest oil producer, state-run Ecopetrol, has prepared a contingency workforce to maintain output should strike action by the main oil sector union go ahead and foresees no disruption to oil flows, a senior official told Reuters.

The country's main oil workers union, USO, voted last Wednesday to stage an indefinite strike unless negotiations with the government result in an agreement by March 26.

The union is protesting the recent axing of thousands of jobs in the oil sector, many among third-party contractors, because of a 50 percent drop in oil prices since mid 2014. Ecopetrol is not shedding any direct employees but has imposed a hiring freeze and may not renew expiring contracts.

"Ecopetrol has a contingency plan to carry out all activities including production in the fields and running the refinery at Barrancabermeja," said an Ecopetrol official who said he was not authorized to be named in press reports.

He said non-unionized administrative and other staff have previously been trained in an additional production-related job functions, to ensure oil flows are not disrupted during labor disputes.

Oil companies in Colombia, Latin America's fourth-biggest producer, have slashed exploration budgets, although the ACP association representing private companies says oil output would hold steady at around 1 million barrels per day on average.

About one-third of Ecopetrol's 9,000 direct employees are USO members, the source said. He said they had little incentive to join the strike since their jobs were not threatened and because doing so could lead to their dismissal.


12

View Full Article

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Sr Recruiter Mozambique Project Lead
Expertise: HR - General
Location: The Woodlands, TX
 
Records Manager
Expertise: Document Control
Location: Hanover, MD
 
Provisioning/Supply Analyst
Expertise: Inventory Control|Purchasing
Location: Hanover, MD
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours