Pipeline closure risks taking nearly all Libya's oil offline

Two major oilfields in southwest Libya began shutting down on Sunday after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national output to a fraction of its normal level, the National Oil Corporation (NOC) said. The closure, which follows a blockade of major eastern oil ports, risked taking almost all the country’s oil output offline as international leaders met in Berlin for a peace summit on Libya. If exports continue to be blocked, storage tanks will fill in a few days and production will be limited to 72,000 bpd from offshore fields and the western Wafa field, an NOC spokesperson said.