Italian Prime Minister Giorgia Meloni is preparing for a visit to Libya as part of efforts to secure more oil and gas supplies from North Africa. The NOC plans to bolster oil production to 2.1 million barrels per day by 2025. Europe, faced with dwindling Russian exports, aims to secure alternative sources of natural gas. The companies will also conduct studies to “identify possible measures” to improve Algeria's energy export capacity to Europe. The country is Africa's biggest gas exporter and supplies about 11 per cent of the natural gas consumed in Europe.

Source: Libya Today January 27, 2023 22:09 UTC