Johannesburg - Natural resources giant Glencore's reported deal to export Libyan oil is worthless, according to the internationally recognised government in Benghazi.
The report was carried in the UK daily The Guardian on Tuesday, citing Bloomberg news agency.
The African News Agency could not immediately reach Glencore for comment.
Mining and commodities trading group Glencore, struggling to restore its reputation for financial health, was reported to have agreed last week to buy up to half of Libya's oil exports from the western division of the National Oil Company in Tripoli, where an Islamist-backed government is based.
But the internationally recognised government in Benghazi, in eastern Libya, is reported to have said Glencore had signed a deal with the wrong people.
Nagi Elmagrabi, chairman of the eastern division of the National Oil Company, told Bloomberg that he had written to Glencore asking for an explanation, but had not yet received a reply.
AFRICAN NEWS AGENCY