Large Brazilian union rejects Petrobras proposal to end strike

By Fabio Teixeira ⁠and Rodrigo Viga ⁠Gaier

RIO ‍DE JANEIRO, Dec 26 (Reuters) - Brazilian union Sindipetro-NF, one of the largest representing Petrobras workers, has ‍rejected the most recent proposal by the state-run ​oil firm to end a 12-day-long strike, it said in a ​statement on Friday.

Sindipetro-NF represents about 25,000 workers in the oil industry, including ones in Petrobras' offshore oil platforms in the Campos ​basin, the second-highest for oil production in Brazil.

Petrobras said in a statement that so far the strike ​has had no impact on production, as it is using contingency crews to ‌keep operations ongoing.

Sindipetro-NF is the largest union under FUP, an umbrella organization for oil workers. ​FUP's board had accepted the ⁠Petrobras proposal, but the matter still had to be voted by workers themselves.

While all other ‌13 unions under FUP voted to end the strike, the Sindipetro-NF rejection means the protest is set to continue ‌in at least some sites.

Not all unions representing Petrobras workers are ‌under FUP, however. The board of a different umbrella organization, FNP, has voted to keep the protest going, advising unions under it ‍to do the same.

The dispute could be long, sources told Reuters, as it deals ⁠with complex issues involving the state-run firm's pension funds and deductions over payments to pensioners.

(Reporting by Fabio Teixeira and Rodrigo Viga Gaier in Rio de Janeiro; Editing by Nick Zieminski and Alistair Bell)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Tether completes first full independent audit from KPMG
• US recommending vaccinations for 11 core inoculations, says Trump
• Jared Kushner may visit Israel next week for talks on Gaza, source says