The Ministry of Oil and Gas revealed, in a statement on its official Facebook page, on Sunday, through confirmed documentary sources, that the value of what was agreed upon with the Italian company Eni in 2008 exceeds $27 billion, through the schedule and programs of development projects for the contract area MN41 and some The other pieces. The agreement includes the development of all 9 undeveloped gas discoveries, the study of establishing a gas liquefaction plant in Mellitah, and the development of a number of onshore oil and gas discoveries in the south and east of Libya, and exploratory programs.
The Ministry of Oil and Gas confirmed that the agreement in 2008 contained multiple projects with a value exceeding what was announced by the National Oil Corporation a few days ago, which indicated that the investment value, which is $8 billion, had not been concluded for 25 years, explaining that the amount of $8 billion It will be divided equally between the National Oil Corporation and the Italian company Eni.