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News & Resources

ENI Boosts Gas Production In Libya with $8 Billion Investment

January 31, 2023


Eni’s decision last week to push ahead with the Structures A&E development offshore Libya will be a shot in the arm for the country’s gas-fired power generation when the giant project comes on stream in 2026. Notably, the $8 billion project, which the Italian major is developing in partnership with the National Oil Corporation of Libya (NOC), is also being billed as an additional source of natural gas for Europe as the region cuts its gas-supply ties with Russia. Read more from Upstream.

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