Libya: Italian giant ENI supports energy projects in the country

Claudio Descalzi, president and CEO of ENI. Photo: Energy Media

NEWSROOM (ADV) – Claudio Descalzi, president and CEO of ENI, Italian hydrocarbon giant, confirmed Saturday that his company had reached an agreement with the Libyan authorities to support energy projects in Libya.

Descalzi made the remarks in a meeting with UN-backed Libyan Prime Minister Fayez Serraj in Tripoli, the Libyan capital.

According to a statement issued by the Prime Minister’s press office, the meeting focused on the projects of Italian society in Libya and the possibility of launching new development projects in the country.

“Mr. Descalzi confirmed that the company had an agreement with the National Oil Corporation and the General Electricity Company to support energy projects and improve the efficiency of the utility grid,” the statement said.

National Oil Corporation, the national oil company of Libya, announced in early October the conclusion of an agreement with ENI and British Petroleum for the resumption of exploration in Libya.

ENI is one of Libya’s most important foreign partners. The company manages a number of oil and gas fields in Libya.

© Bur-csa – N.W – African Daily Voice (ADV)