There was no confirmation of the move from Libya’s internationally recognized government in Tripoli, or the National Oil Corp, which controls the country’s oil resources
The government in eastern Libya announced on Monday that all oil fields would be closed down and production and exports halted, while there was no word from the country’s internationally recognized government in Tripoli.NOC subsidiary Waha Oil Company, however, announced it planned to gradually reduce output and warned of a complete halt to production citing “protests and pressures”.
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. Libyan factions are locked in a power struggle over control of the central bank and the country’s oil revenue.
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