By Libya Herald staff.
Tripoli, 24 March 2014:
The acting Prime Minister, Abdullah Al-Thinni met yesterday to discuss oil . . .[restrict]and gas production issues with the CEO of Italian energy giant Eni, Paolo Scaroni, who was on a flying visit to Tripoli.
Eni, which has been in Libya since 1959, is the largest international oil company operating in the country, with around 3,000 employees, and producing in partnership with the NOC all of the country’s gas and a considerable percentage of the oil. At the moment with the eastern oil ports still blockaded, it is involved in the production of almost all Libya oil being pumped.
The main issue in discussions was, according to Eni, “the importance of maintaining and increasing Eni’s current production levels in Libya, of fundamental importance for the country given that at present the company, jointly with NOC, operates the majority of overall Libyan hydrocarbon production, ensuring the generation of electricity for local use”.
Given the current events in Ukraine, through which Russian gas in piped to Europe, the importance of Libya to Italy’s gas supply security was also discussed, according to Eni.
The talks further covered future Eni investment, including social development projects, notably in education, health and water supplies, in areas near the oil and gas fields, according to the Prime Minister’s office. [/restrict]
