The first units will reportedly be mobilised later on Wednesday, beginning in southern Kuwait. The open-ended oil workers’ strike targets a new government payroll plan for its employees that would result in reduced salaries and incentives. Kuwait wants to include some 20,000 oil workers in the scheme.
According to sources quoted by local media, Kuwaiti output is expected to take a hit of between 500,000 and 1 million bopd due to the strike. The country’s strategic reserves should be able to make up for the losses and ensure exports are unaffected.
For more news and features on the oil and gas industry in Kuwait, click here.
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