(AGENPARL) - Roma, 7 Giugno 2023 - (AGENPARL) – mer 07 giugno 2023 Eni signs MoU for new initiatives related
to the energy transition in Libya
Rome, 7 June 2023 – Eni signed a memorandum of understanding today with Libya
with the aim of studying and identifying opportunities to reduce greenhouse gas
emissions and develop sustainable energy in the country, in line with Eni’s strategy
and with the Libyan government’s objectives to accelerate decarbonisation and energy
transition processes. The signing took place as part of the visit of the Prime Minister
of the Government of Libyan National Unity Abulhamid Dabaiba to Italy.
Under the terms of the memorandum, Eni will work on reducing CO2 emissions
through the reduction of routine gas flaring, fugitive emissions and venting, as well as
possible projects for the reduction of hard-to-abate sector emissions. In addition, new
solutions for the development of renewable energy and initiatives for electricity
efficiency in the country will be evaluated. Finally, the company will work on the
identification of additional gas resources from existing fields, to be developed as part
of an integrated project for the domestic market and potentially for export.
Eni is the main international gas producer in Libya, with an 80% share of national
production (1.6 bscfd in 2022). The company has been operating in Libya since 1959
and currently has a large portfolio of assets in exploration, production and
development. Production activities are operated through the joint venture Mellitah Oil
and Gas BV (Eni 50%, NOC 50%). Equity production was 165,000 barrels of oil
equivalent per day in 2022.
Eni company contacts:
www.eni.com
Website: http://www.eni.com/