Top Eni executive says his group plans to reduce oil output from Libya

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Top Eni executive says his group plans to reduce oil output from Libya

March 17, 2018 - 18:40
Written by: HousamNajjair

The CEO of Italy's energy group Eni, Claudio Descalzi, has announced that the group has a plan to reduce oil production in Libya.

During his presentation of the group's plan for the years 2018-2022 in London, he said that Eni’s oil production in Libya will be reduced from 320,000 barrels per day to 200,000 barrels per day.

Descalzi noted that it was not possible to start new projects in Libya during the past eight years, adding that Eni has no plans to leave Libya.