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Business News/ Home-page / Oil workers’ union ends strike
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Oil workers’ union ends strike

Oil workers’ union ends strike

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New Delhi: Officials at state-run oil firms have called off their strike that began on Wednesday and had choked the supply of transport fuels, a union leader said. “We have called off the strike in public interest," said Sanjay Varshney.

Employees of Indian Oil Corp and GAIL (India) has ended their strike, the oil minister said on Friday, effectively ending the three-day long protests that have hit fuel supplies.

“IOC and GAIL (employees) have called off the strike and it is not because of pressure by the government," Murli Deora told reporters.

Officials of Oil India Ltd have called off a three-day strike for better pay, company sources, who could not be named, said on Friday.

The industrial action by employees of state-run oil firms has crippled fuel supplies in many cities.

The chairman of Indian Oil Corp said there was no further scope for talks with striking company officials and added the firm would work to ensure normal supplies by Monday.

Meanwhile, state-run Bharat Petroleum Corp has said it would resume fuel supplies at all locations starting on Friday evening, as more than 70% of the striking employees returned to work.

“Over 70% of the people have resumed work in marketing. By this evening, we will be able to resume fuel supply at all locations.... To make up for the backlog we would work on Saturday and Sunday too," BPCL director (marketing) S Radhakrishnan said here.

BPCL accounts for 25% of the petro goods market in the country, while HPCL accounts for 27% and IOC the rest.

HPCL has been functioning normally throughout.

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Published: 09 Jan 2009, 07:07 PM IST
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