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Thursday, October 14, 2010

Total to Shut All Refineries in France


French oil giant Total says strikes by its workers in France over a pension reform plan is forcing the company to shut down operations at all six of its refineries in the country.

A company spokesman said the firm was starting to shut down its refineries because unions announced plans to renew their strike as part of a nationwide protest against pension reform.

The move is "incompatible with the normal functioning of the refineries," Bloomberg quoted Total spokesman Michael Crochet-Vourey as saying on Wednesday.

Meanwhile, the CGT union, the largest in the industry, released a statement warning of shortage of petrol and diesel supplies in the country in the upcoming days.'

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