Italian energy company Eni and Libya's National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country.
The deal, signed during a visit to Tripoli by Italy's Prime Minister Giorgia Meloni, aims to increase gas output for the Libyan domestic market as well as exports, through the development of two offshore gas fields.
Meloni met Libya's Prime Minister Abdulhamid al-Dbeibah, head of the internationally recognised Government of National Unity in Tripoli for talks that also focused on migration across the Mediterranean. Underscoring the uncertainty, Dbeibah's own Oil Minister Mohamed Oun has rejected any deal that NOC might strike with Italy, saying in a video on the ministry website that such agreements should be made by the ministry.NOC chief Bengdara was appointed last year by Dbeibah, whose own interim government was installed in 2021 through a U.N.-backed process.
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