Italian oil company Eni's CEO meets with Libyan premier


1 photo
Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

MILAN (AP) — The CEO of Italian oil giant Eni has traveled to Tripoli for the first time since July 2014 to meet with the new head of Libya's U.N.-backed government.

Eni said in a statement that the meeting Saturday between CEO Claudio Descalzi and Libya's new prime minister, Fayez Serraj, underlines Eni's commitment to continuing operations in Libya and to support the National Oil Corporation's efforts to increase production.

Eni was the first international oil company to resume operations in Libya in 2011 after months of civil war and currently produces 300,000 barrels of oil equivalent a day. Eni has maintained operations in the country, continuing both its exploration activities offshore as well as helping supply gas for local power plants for domestic consumption.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Photos

Most recent Business stories

Related topics

The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Notice.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button