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Dbeibeh, Shakshak, and Officials Discuss Energy Sector Development and Fuel File

Written by Amira Cherni on . Posted in News. No Comments on Dbeibeh, Shakshak, and Officials Discuss Energy Sector Development and Fuel File

Prime Minister Abdul Hamid Dbeibeh held a meeting on Monday with the head of the Audit Bureau, Khaled Shakshak, the Minister of State for Cabinet Affairs, the Chairman of the National Oil Corporation, the head of the Libyan Investment Authority, and directors of oversight departments for sovereign sectors, energy, public companies, investments, and banks.

The meeting focused on discussing several investment projects aimed at developing the energy sector and increasing oil and gas production. Emphasis was placed on monitoring legal and technical procedures to reactivate the Ras Lanuf refinery, which has been halted since 2013, following the purchase of the foreign partner’s share. The need to upgrade aging pipelines to support the National Oil Corporation’s plan for increased production was also highlighted.

Additionally, the meeting addressed the mechanism for fuel payment for 2025, setting controls on quantities and supply methods, and resolving this issue. They also discussed activating the Bab Tripoli investment project, which is vital for improving services for citizens, in line with the Audit Bureau’s proposed regulations. The importance of increasing transparency and disclosure in all contracting procedures related to the oil sector was emphasized.

Nova Agency: Eni Plans to Launch Structure A and E Gas Production Project Starting Late 2026, Aiming for 750 Million Cubic Feet Per Day

Written by Amira Cherni on . Posted in News. No Comments on Nova Agency: Eni Plans to Launch Structure A and E Gas Production Project Starting Late 2026, Aiming for 750 Million Cubic Feet Per Day

Nova reported that the Head of North Africa and the Middle East at Eni, Martina Opizzi, announced during a roundtable on energy and infrastructure between Libya and Italy, organized by Energy Capital and Power yesterday in Rome, that this increase will be crucial not only to meet Libya’s domestic needs but also to support exports to Europe.

Nova highlighted another important initiative concerning the modernization of Eni’s offshore facilities in Libya. Opizzi stated that the Sabratha gas compression project, a new initiative to boost production, is set to be launched by 2025, which will supply the country with approximately 100 million cubic feet of gas daily. These projects also incorporate a significant sustainability component, with Eni committed to reducing its carbon footprint through gas storage initiatives.

In her remarks during the forum held yesterday at the Rome Chamber of Commerce, Obitz emphasized the importance of creating a competitive environment for service contracts in Libya, asserting that “it is essential to achieve stability, increase production, and bring it back to 2011 levels,” referring to Eni’s efforts to ensure sustainable energy production even during the most challenging periods for Libya.

The Nova Agency also reported that Eni will begin exploration activities in the Ghadames Basin, scheduled for 2025.

Opizzi told the agency, “We have never stopped viewing Libya as an important area for oil and gas production. We believe there are still resources to be discovered, and we also plan to conduct offshore exploration in the near future. Libya is a strategic country in the energy market due to its vast natural resources and its advanced infrastructure, such as the Greenstream gas pipeline.”

Opizzi noted that most of the gas extracted by Eni in Libya is allocated for domestic consumption in the local market, with only a minority being exported to Italy via pipelines that cross the Mediterranean Sea and land in Gela, Sicily.