Ayman Werfali
Oilfields in eastern Libya that account for almost all the country's production will be closed and production and exports halted, the eastern-based administration said on Monday, after a flare-up in tension over the leadership of the central bank.
There was no confirmation from the country's internationally recognised government in Tripoli or from the National Oil Corp (NOC), which controls the country's oil resources.
NOC subsidiary Waha Oil Company, however, said it planned to gradually reduce output and warned of a complete halt to Libya's production, citing unspecified "protests and pressures".
Another subsidiary Sirte Oil Company also said it would cut output, calling on authorities to "intervene to maintain production levels".
Nearly all of Libya's oilfields are in the east, which is under the control of Khalifa Haftar who leads the Libyan National Army (LNA).
If eastern production is halted, El Feel in southwestern Libya would be the only functioning oilfield, with a capacity of 130,000 bpd.
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