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Bloomberg: Nigerian Oil Workers Call Off Strike Against Chevron (Update2)

By Julie Ziegler

Oct. 11 (Bloomberg) — Oil workers in Nigeria will resume work today after calling off a two-day strike against Chevron Corp., the country’s third-biggest oil producer.

Peter Akpatason, president of the National Union of Petroleum and Natural Gas Workers, or Nupeng, said the strike was initiated on Oct. 9 after Chevron’s Nigeria unit allegedly changed some pay-related policies that had been agreed to in 2005. Akpatason said the issues were resolved during meetings last night.

Chevron confirmed the suspension of the strike in an e- mailed statement. The company, which yesterday called the strike illegal, said no production was disrupted during the two-day walkout.

“Necessary dialogue has commenced among the workers, the national leadership of the union and the management of the companies to resolve the issues involved,” Chevron said in the statement.

Chevron’s Nigeria oil production ranks behind that of Royal Dutch Shell Plc and Exxon Mobil Corp.

More than 20,000 workers from Nupeng and the Petroleum & Natural Gas Senior Staff Association, or Pengassan, walked out in June as part of a four-day nationwide strike by labor unions to protest increases in taxes and fuel prices. The strike halted commerce in Nigeria, Africa’s most populous nation.

To contact the reporter on this story: Julie Ziegler in Lagos at [email protected] .

Last Updated: October 11, 2007 11:00 EDT

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