NOC, Eni review resuming stalled projects

NOC, Eni review resuming stalled projects

December 01, 2020 - 12:26
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Written By: SafaAlharathy

Chairman of the National Oil Corporation (NOC), Mustafa Sanallah has discussed with the CEO of the Italian company Eni the resumption of some significant projects that stalled because of funding shortfalls.

The meeting, which was held at the NOC's HQ, dealt with ways to maintain production rates in onshore and offshore fields and to increase its capacity, as well as supporting the Libyan energy sector at all levels.

The two parties also discussed the progress made in the offshore project A and E, which will increase the natural rates of gas production in Bahr Al-Salam in the coming years, and secure the local market's supplies of gas, according to a statement by the NOC.

For his part, Eni's CEO affirmed the commitment to its operational activities and projects in Libya, reiterating their full support for the NOC's initiatives.

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