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    Eni vows to develop upstream gas, renewables further in Libya

Summary

CEO Claudio Descalzi is continuing to develop Eni's foothold in Libya through gas monetisation and renewables projects.

by: William Powell

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Complimentary, Natural Gas & LNG News, Africa, Corporate, Exploration & Production, News By Country, Libya

Eni vows to develop upstream gas, renewables further in Libya

The CEO of Italian energy company Eni, Claudio Descalzi, met Libya's UN-backed prime minister Abdulhamid Dbeibah and the National Oil Company chairman Mustafa Sanalla in Tripoli September 28.

They discussed Eni's strategy and the possibility of further investment improving access to renewable energy and natural gas for power generation.

Descalzi confirmed Eni's "full commitment" to operational activities and projects in the country, focusing on natural gas in order to satisfy the increasing energy needs and to maximise present and future gas production. Eni is working on offshore development projects, including gas utilisation from the Bouri oilfield; the Sabratha compression project; and Hamada. 

NOC told local media earlier September that its goal is to bring output from Hamada to 50,000 barrels/day of crude, 10,000 b/d of condensate and 90mn ft³/day of gas.

The three also discussed projects in the renewable energy sector to reduce hydrocarbon demand and CO2 emissions, while also improving access to electricity in remote communities. This includes photovoltaic plants with battery storage.

Eni produces gas in Libya for export to Italy through the Green Stream pipeline and it is the main supplier of gas to the domestic market.