Oil Workers in Algeria Strike

Approximately 90 percent of the members of the Union Generale des Travailleurs Algeriens (UGTA) have begun a two-day strike in Algeria. The strike has affected the country's main oil export terminal, Skikda, and has caused oil refineries to close. Oil and gas account for more than 90 percent of Algeria's total exports.

UGTA called the strike to protest against the government's planned reforms, which the union fears will lead to more layoffs. UGTA also wants to pressure the authorities for more concessions in upcoming bargaining about salary increases.

It has been reported that some vessels are going through at the new port at Skikda, however, operations are minimal. All loadings at Arzew (crude oil terminal) are postponed until the end of the strike.


Our Privacy Pledge

Most Popular Articles

Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
Natural Gas : $2.76/MMBtu 1.09%
Updated in last 24 hours