By Stephen NakrosisItalian energy company Eni signed a Memorandum of Understanding with the government of Libya which will see the company study and identify opportunities to reduce greenhouse gas emissions and develop sustainable energy. The agreement will see Eni work to reduce CO2 emissions by reducing routine gas flaring, fugitive emissions and venting, along with other possible projects. Eni will also examine new solutions to develop renewable energy and initiatives for electricity efficiency. Eni said it is the leading international gas producer in Libya, "with a share of 80% of the national production." In Jan., the company and the National Oil Corp. of Libya said they were launching the "Structures A&E" project, which will develop two gas fields offshore Libya and construct a carbon capture and storage facility.

Source: Libya Today June 07, 2023 18:24 UTC