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ENI to Expand Gas Production in Libya

September 24, 2024
ENI to Expand Gas Production in Libya
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The Italian energy company, ENI, plans to significantly increase its gas production in Libya by the end of 2026. The company announced the launch of the “Structure A and E” project, expected to begin production by late 2026, with a target output of 750 million cubic feet per day.

Martina Opizzi, Eni’s Head of North Africa and the Middle East, revealed this during a roundtable on energy and infrastructure between Libya and Italy in Rome.

She emphasised that the increased production will be vital not only for Libya’s domestic needs but also for supporting exports to Europe.

According to Italy’s Nova news agency, Opizzi also highlighted Eni’s plans to modernize its offshore facilities in Libya, launching the Sabratha gas compression project by 2025. This initiative will increase production by approximately 100 million cubic feet per day.

These projects will incorporate sustainability measures, with Eni committed to reducing its carbon footprint through gas storage initiatives.

Opizzi stressed the importance of creating a competitive environment for service contracts in Libya, highlighting the need for stability and increased production to return to 2011 levels.

Exploration remains a key pillar of Eni’s operations, with plans for drilling in Libya’s Ghadames Basin by 2025 and future offshore explorations.

Libya, with its rich natural resources and advanced infrastructure, is seen as a strategic country for energy production. Most of the gas extracted by Eni in Libya is consumed domestically, with a smaller portion exported to Italy via the Green Stream pipeline.

Tags: EnigasItalylibya
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