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Brazil's state-run oil company Petroleo Brasileiro SA will present a new promotion and wage proposal to its workers in an effort to prevent a potentially crippling strike, a union official said Monday.

"Petrobras this morning said it will present a new proposal to us on Tuesday," Jose Maria Rangel, a director of Brazil's main Oil Workers' Federation, told reporters.

Petrobras' press office said it may issue a statement on the proposal later in the day, but had no further information.

Last week federation directors told Petrobras that about 80 percent of the county's oil workers had voted to go on a five-day strike that could threaten the production of 1.85 million barrels of oil a day. The work stoppage is scheduled to start on Thursday.

The oil workers federation wants a new plan to better distribute salaries and positions and is demanding that promotions be based on merit only.

It claims that company employees have been barred from promotions without proper reasons. Petrobras' current system is creating unjust salary discrepancies, according to the federation.

Petrobras, which accounts for more than 95 percent of Brazil's daily oil output, has a near monopoly in refining and is the biggest fuel distributor in the country.

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