Arab Today, arab today libya hits eni but oil deals seem safe
Last Updated : GMT 17:46:31
Arab Today, arab today
Arab Today, arab today

Libya hits ENI but oil deals seem safe

Arab Today, arab today

Arab Today, arab today Libya hits ENI but oil deals seem safe

Tripoli - Arabstoday

Libya\'s government told its biggest oil investor, Italy\'s Eni, to help rebuild the country while it is reviewing some deals although the company said that oil deals were so far safe. Almost all global oil companies signed contracts with the former regime of Muammar Qaddafi and possible revision of these has been one of the biggest worries for investors since the dictator was ousted and killed earlier this year. Analysts and insiders have speculated that the new Libyan government may want to punish companies from Russia and China, whose governments didn\'t support the uprising, as well as from Italy, which was hesitant to offer its support during the early days of the revolution. \"Foreign companies working in Libya should prove to the Libyans that they were partners with Libya and not with Qaddafi and his regime,\" interim prime minister Abdurrahim Al-Keib said in a statement after meeting Eni\'s chief Paolo Scaroni. \"Eni has to prove that (partnership with Libyan people) through playing a distinguished role in reconstruction of cities that were destroyed by Qaddafi\'s forces,\" he said adding the government was suspending some contracts. Eni said the government would suspend only social sustainability program agreements and not its massive oil operations, which represent 10 percent of Libya\'s total oil output and 18 percent of its gas production. \"The review regards two social sustainability agreements of 2006 and 2010, not oil,\" the spokeswoman said. The government\'s statement, unusually strongly worded, did not mention the word oil. It said Scaroni had said he wanted to resume activities and complete projects under agreements signed in 2006 and 2010, but did not mention their details or say they were unrelated to oil. A source close to the Libyan oil minister told Reuters the review would not affect Eni\'s oil operations. The statement said Keib expressed his regret over what he said were the negative positions of most oil companies operating in Libya during the revolt against Qaddafi. It also quoted Scaroni as saying \"the company\'s activity would go back to normal by next June.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today libya hits eni but oil deals seem safe Arab Today, arab today libya hits eni but oil deals seem safe

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today libya hits eni but oil deals seem safe Arab Today, arab today libya hits eni but oil deals seem safe

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israeli court convicts Palestinians of 2016

GMT 04:39 2017 Tuesday ,17 October

Israeli court convicts Palestinians of 2016
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Anoshka happy for reactions to her talk show

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday