Addax workers start strike, oil production sheds 22,000bpd

Workers of Addax Petroleum Development Nigeria have embarked on strike in protest against anti-labour practices by the firm, causing possible reduction in Nigeria’s crude oil production by 22,000 barrels per day. Addax, owned by China’s Sinopec Group, has four Oil Mining Licences, OML 123, 124, 126 and 137, and operates the assets in Production Sharing Contract with the Nigerian National…
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