libya says no review of eni oil and gas deals
Last Updated : GMT 00:49:26
Arab Today, arab today
Arab Today, arab today

Libya says no review of ENI oil and gas deals

Arab Today, arab today

Arab Today, arab today Libya says no review of ENI oil and gas deals

London - AFP

Libya on Sunday clarified that the review of contracts of Italian oil major ENI signed with the previous regime of Moamer Kadhafi will not involve its oil and gas deals. \"To avoid confusion, the ventures to be reviewed and revised are sustainable development projects listed in the memorandum of understanding between ENI and Libya,\" a statement from the prime minister\'s office said. \"Oil and gas agreements are not affected\" by the review, the statement added. On Thursday, a statement quoting Prime Minister Abdel Rahim al-Kib had said that Libya will review its contracts with ENI, triggering reports that the oil and gas deals of the energy major would also fall under the review. According to that statement, Kib informed ENI Chief Executive Officer Paolo Scaroni that \"the contracts signed between ENI and the former regime are going to be reviewed and re-examined to meet Libya\'s interests before being executed.\" Soon after Kib\'s statement an ENI spokesman told AFP that the contracts Kib\'s office was talking about were unrelated to the Italian firm\'s oil production activities. \"The two contracts are linked to social initiatives and have nothing to do with oil,\" the spokesman said. In December, Scaroni said in Doha it was \"unthinkable\" that his company\'s existing contracts would be changed by the new Libyan authorities. But on Thursday Kib said that foreign companies, including ENI, have to prove their loyalty to Libyans by \"playing a significant role in the reconstruction of the cities destroyed by Kadhafi\'s forces.\" Kadhafi\'s ouster has created opportunities for companies hoping to see a redistribution of oil contracts to the benefit of countries which took part in the military campaign to overthrow the long-time dictator, threatening existing contracts. ENI has resumed production of about 70 percent of its pre-conflict output in Libya, of around 200,000 barrels per day. The company has been in Libya -- a former Italian colony -- since 1959 and is the biggest foreign energy producer in the oil-rich North African country. Italian Prime Minister Mario Monti is visiting Tripoli on January 21 with the aim of reviving a bilateral friendship treaty, signed by Kadhafi and Monti\'s predecessor Silvio Berlusconi, that was suspended during this year\'s conflict in Libya.  

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*

libya says no review of eni oil and gas deals libya says no review of eni oil and gas deals

 



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*

libya says no review of eni oil and gas deals libya says no review of eni oil and gas deals

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today Jordanian journalist happy of her career

GMT 17:37 2017 Thursday ,23 November

Jordanian journalist happy of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
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 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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