Fri. Sep 13th, 2024

NNA -nbsp;The government in eastern Libya announced on Monday that all oilfields would be closed down and production and exports halted, while there was no word from the country#39;s internationally recognised government in Tripoli.

The National Oil Corp (NOC), which controls the country#39;s oil resources, also provided no confirmation.

NOC subsidiary Waha Oil Company, however, announced it planned to gradually reduce output and warned of a complete halt to production citing quot;protests and pressuresquot;.

Waha, which operates a joint venture with TotalEnergiesnbsp;(TTEF.PA), opens new tabnbsp;and ConocoPhillipsnbsp;(COP.N), opens new tab, has a production capacity of about 300,000 barrels per day (bpd) which is exported through the eastern port of Es Sider.

It operates five main fields in the southeast including Waha which produces more than 100,000 bpd as well as Gallo, Al-Fargh, Al-Samah and Al-Dhahra.

Most of Libya#39;s oilfields are in the east, which is under the control of Khalifa Haftar who leads the Libyan National Army (LNA).nbsp;

The Benghazi government did not specify for how long the oilfields could be closed.

Two engineers at Messla and Abu Attifel told Reuters on Monday that production was continuing and there had been no orders to halt output. — Reuters

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