Workers at Chile's biggest fuel importer ENAP threaten strike
Reuters
Published Nov 04, 2019 03:07PM ET
Workers at Chile's biggest fuel importer ENAP threaten strike
By Fabian Cambero
SANTIAGO (Reuters) - A union representing workers at Chile's state oil company ENAP [ENAP.UL], the country's main fuel importer, on Monday threatened a stoppage in support of a wave of social protests that have shaken the country in recent weeks.
Rumors of a strike began to circulate on social media at the weekend with an audio recording purportedly of the union's president Iván Montes announcing the strike and warning that Chile, which imports all of its fuel, would run dry within five days.
On Monday the ENAP Petrox union, which represents workers at the company's refinery in southern Bio Bio province, said in a Facebook (NASDAQ:FB) post that its members would strike.
In the declaration, the union said that following a meeting of its members, "the intention to carry out a production strike has been ratified, within the framework of the social mobilizations that began more than two weeks ago in our country".
The statement did not specify when or for how long the strike would last.
ENAP said in a statement that it was "unacceptable to incite the paralysis of the operations for a vital public service" and that it would continue working to maintain operational continuity.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.