Peru natgas union calls off strike after deal with Pluspetrol
LIMA (Reuters) -- Workers at Peru's Camisea natural gas fields have called off a strike scheduled for Thursday after reaching a deal on labor benefits with Argentina energy company Pluspetrol, the union SUTRAPPEC said Wednesday.
The union had said that the stoppage would have halted the production of natural gas that generates about half of the country's electricity and would have also disrupted Royal Dutch Shell Plc's liquefied natural gas exports.
Pluspetrol controls 27.2% of the Camisea consortium, US-based Hunt Oil Co owns a 25.2% stake and Korea-based SK Innovation 7.6%. Tecpetrol Corp, Sonatrach SPA and Repsol SA each have 10% stakes. Hunt also controls a 50% stake in Peru LNG, which operates a natural gas liquefaction plant.
Reporting by Marco Aquino; Editing by Marguerita Choy
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