Italy's energy giant Eni says it is the first major project in Libya since early 2000 and involves development of two offshore gas fields
Italy's energy giant said the deal will have a"significant impact on the industry and the associated supply chain, allowing a significant contribution to the Libyan economy."Italian energy giant Eni has signed an $8 billion gas deal with Libya's state-run National Oil Corporation as Prime Minister Giorgia Meloni visited Tripoli.
"The combined gas production from the two structures will start in 2026 and reach a plateau of 750 million of standard gas cubic feet per day," Eni said in a statement. "The project also includes the construction of a carbon capture and storage facility at Mellitah, allowing a significant reduction of the overall carbon footprint," the company statement further said.Contribution to Libyan economy
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