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Scotland refinery strike could lead to North Sea crude oil disruptions

09.30.2013  | 

Should the strike go ahead, the 210,000 bpd facility -- Scotland's only refinery -- would be forced to shut. A key piece of infrastructure, the facility also powers and is the terminal for the Forties pipeline, a key conduit for around one third of North Sea crude. Grangemouth is also connected to an import terminal.

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By BEN WINKLEY

LONDON -- Workers at Scotland's Grangemouth refinery have voted to strike, raising the prospect of disruption to North Sea crude oil supply.

Should the strike go ahead, the 210,000 bpd facility -- which is Scotland's only refinery -- would be forced to shut. A key piece of infrastructure, the facility also powers and is the terminal for the Forties Pipeline System, a key conduit for around one third of North Sea crude. Grangemouth is also connected to an import terminal on Scotland's west coast.

Unite, the United Kingdom's biggest labor union, said that on an 86% turnout some 90.6% of workers voted for industrial action short of a strike, with 9.4% voting against, while 81.4% voted for strike action and 18.6% voted against. The dispute is over the treatment of a labor union representative.

Grangemouth is jointly owned by Ineos Group Holdings and PetroChina. Neither were immediately available for comment.

Dow Jones Newswires



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