Italian energy giant Eni signed an $8 billion gas deal with Libya’s state-run National Oil Corporation as Prime Minister Giorgia Meloni visited Tripoli. European governments have been scrambling to find alternatives to Russian gas since last year’s invasion of Ukraine saw deliveries slashed to less than half their pre-war levels, sending prices soaring to record highs and triggering costly state subsidies to protect consumers. Eni said it was the first major project in Libya since early 2000 and involved the development of 2 offshore gas fields.
Source : Africa News
