Meloni visits Tripoli as Italian oil giant Eni signs $8B deal with Libya - News Summed Up

Meloni visits Tripoli as Italian oil giant Eni signs $8B deal with Libya


Prime Minister Giorgia Meloni visited Tripoli on Saturday as the Italian oil giant Eni signed an $8 billion deal with Libya to increase gas production and supply to the African nation. Photo courtesy of Giorgia Meloni/ TwitterJan. 28 (UPI) -- Prime Minister Giorgia Meloni visited Tripoli on Saturday as the Italian oil giant Eni signed an $8 billion deal with Libya to increase gas production and supply to the African nation. Important agreements signed on cooperation, energy and the fight against irregular immigration," Meloni said in a statement on Twitter. The deal centers on the development of two offshore gas fields in Libya, which are expected to begin gas production in 2026. Eni added that the $8 billion investment will also mark a "significant contribution to the Libyan economy."


Source: Libya Today January 28, 2023 22:10 UTC



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