GREY:CLLZF - Post by User
Post by
olesmokeron Apr 27, 2008 1:36pm
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Post# 15013471
pipeline brings in 700,000 bpd -Shut Down
pipeline brings in 700,000 bpd -Shut DownStrike in Scotland closes major North Sea oil pipeline
Sunday April 27, 10:29 am ET
By Ben Mcconville, Associated Press Writer
Strike at Scotland's only oil refinery shuts down major BP North Sea oil pipeline system
EDINBURGH, Scotland (AP) -- Hundreds of workers at Scotland's only oil refinery on Sunday began a 48-hour strike that has forced BP PLC to shut a pipeline system that delivers almost a third of Britain's North Sea oil.
BP said it had completed the closure of the Forties Pipeline System by 6 a.m., when 1,200 workers at the Grangemouth refinery in central Scotland walked off the job. The pipeline brings in 700,000 barrels of oil a day from the North Sea to BP's Kinneil plant, which is powered from the Grangemouth site.
Energy industry group Oil & Gas U.K. said the strike, over pension issues, could cost $100 million a day in lost production.
The main effect of the walkout was likely to be felt by the British Treasury -- which relies heavily on taxes from oil production -- and at gas stations in Scotland, some of which limited purchases in anticipation of the strike.
https://biz.yahoo.com/ap/080427/britain_refinery_strike.html?.v=9