Repsol Suspends Activities in Southern Argentina Amid Strike

Repsol YPF SA’s Argentine unit suspended activities at oil fields located in the southern part of the country amid a five-day strike.

Operations ceased in parts of Santa Cruz province because of “the violence committed by members of the union during the weekend,” the company said in a statement. The suspension will continue until working “conditions are guaranteed,” it said.

The strike by the union of supervisor-level workers in the provinces of Santa Cruz and Chubut started on Dec 1.

The supervision-level workers of the oil and natural-gas industry are organized in several regional and provincial unions, representing about 13,000 people.

To contact the reporter on this story: Rodrigo Orihuela in Buenos Aires at rorihuela@bloomberg.net

To contact the editor responsible for this story: Dale Crofts in Buenos Aires at dcrofts@bloomberg.net

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