Italy’s prime minister held talks in Libya on Saturday with officials from the country’s west-based government focusing on energy and migration, top issues for Italy and the European Union.
CAIRO – During the visit, the two countries’ oil companies signed a gas deal worth $8 billion – the largest single investment in Libya’s energy sector in more than two decades.
Meloni landed at the Mitiga airport, the only functioning airport in Libya’s capital, Tripoli, amid tight security, accompanied by Italian Foreign Minister Antonio Tajani and Interior Minister Matteo Piantedosi, her office said. She met with Abdel Hamid Dbeibah, who heads one of Libya’s rival administrations, and was also to hold talks with Mohamed Younis Menfi, who chairs Libya’s ceremonial presidential council.
During the visit, Claudio Descalzi, the CEO of Italy’s state-run energy company, ENI, signed an $8 billion deal with Libya’s National Oil Corporation to develop two Libyan offshore gas fields. NOC’s chairman Farhat Bengdara also signed. NI has continued to operate in Libya despite ongoing security issues, producing gas mostly for the domestic market. Last year, Libya delivered just 2.63 billion cubic meters to Italy through the Greenstream pipeline – well below the annual levels of 8 billion cubic meters before Libya’s decline in 2011.
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