Argentine Gas Units of Total, Repsol, Affected by Strike

Argentine liquid gas production workers are striking at plants operated by companies including Total SA (FP) and Repsol YPF SA (YPFD), according to a union official.

Workers started striking late yesterday at natural-gas bottling plants and will decide today whether to extend the strike to oil refineries, Juan Ayala, spokesman for the Oil and Gas Workers Federation, said today in a telephone interview.

Bottled gas is mostly used for home heating in Argentina in households that don’t have access to natural gas networks. Leading processors of the fuel include YPF SA, which is the local unit of Spain’s Repsol, and Transportadora de Gas del Sur SA (TGSU2), in which Petrobras Energia SA is the biggest shareholder.

Workers are demanding a 36 percent salary increase while the companies are offering about 20 percent, Ayala said from Buenos Aires. There are some 6,000 union workers at the gas units nationwide, Ayala said.
http://www.bloomberg.com/news/2011-05-06/argentine-units-of-total-repsol-petrobras-affected-by-strike.html

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