Libya Business News
Friday, February 3, 2023
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
No Result
View All Result
Libya Business News
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
Libya Business News
No Result
View All Result
Home Oil & Gas

Eni Committed to Libya

4th January 2016
in Oil & Gas
Eni Committed to Libya
Share on FacebookShare on Twitter

OilPrice reports that despite Eni’s security concerns in Libya, the company remains committed to Libya as a tool to hit its production targets.

Eni’s Libyan production of 300,000 bpd represents almost 20 percent of its current production levels.

Speaking of the Libya market, Eni CEO Claudio Descalzi said on the last conference call:

“Libya, so what we are experiencing there is that oil, gas and condensates, especially for regard the situation, so far is good. And we think that the gas that now is going about 60 percent for the domestic market is particular at the maximum rate.

"And our forecast is that it's going to continue at this rate. So and that results a positive signal because when they increased, Libya increased, the gas utilization disposal. So that is positive because it means better working and the situation is not too bad in all different cities. So for gas we are optimistic.

"For oil, the projection is not so optimistic because we need different facilities we need more maintenance, we need fair purchase then we need also the extra facility working operationally at the best.

"So the projection that remain in our calculation is in a steady state right now that Eni has not charged the maximum adjusted new percentages full potential.”

(Source: OilPrice)

Tags: EniItaly

Latest News

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

4th October 2021
Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

22nd March 2021
Latest Oil Tenders

Latest Oil Tenders

16th March 2021

Recent News

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

4th October 2021
Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

22nd March 2021

Categories

  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos

Menu

  • Home
  • About Us
  • Contact

Join our mailing list!

Sign-up to receive email updates on the latest news and developments.





© 2021 Libya Business News - Your Libyan business news partner

No Result
View All Result
  • Security
  • Oil & Gas
  • Banking & Finance
  • Politics
  • Industry & Trade
  • Construction & Engineering
  • Investment
  • Tenders
  • Transportation
  • Videos
  • Contact Us

© 2021 Libya Business News - Your Libyan business news partner

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I Agree”, you consent to the use of ALL the cookies.