Libya’s National Oil Corporation (NOC) has announced that it is deepening cooperation with Italian energy giant Eni in a move aimed at increasing natural gas production and reinforcing Libya’s role as a key energy supplier to both regional and global markets.
NOC Chairman Masoud Suleiman said that he had held a high-level meeting with Eni executives to review the progress of ongoing joint projects and to identify opportunities for future collaboration. The discussions focused on expanding Eni’s investments in Libya and accelerating the development of exploration blocks already awarded to the company.
According to Suleiman, both sides agreed on the need to establish a clear and binding timetable for implementing development projects that will significantly raise production capacity. He stressed that strengthening gas output is now a priority for Libya as the country seeks to stabilize its energy sector and provide reliable supplies to international partners.
“The meeting reflects Libya’s determination to enhance strategic partnerships with leading global companies in the oil and gas sector,” Suleiman said. “Through these partnerships, Libya reaffirms its position as a trusted energy supplier and a vital player in global energy security.”
Libya holds some of Africa’s largest proven oil and gas reserves and has traditionally been one of Italy’s most important energy partners. In light of recent volatility in global energy markets, Libyan natural gas is once again gaining strategic importance, particularly for European countries looking to diversify their energy sources.
