Italy's Meloni Expected To Sign Major Gas Deal During Libya ...| MENAFN.COM

Monday, 20 March 2023 12:35 GMT

Italy's Meloni Expected To Sign Major Gas Deal During Libya Visit


(MENAFN- The Peninsula) Reuters

Tripoli: Italian Prime Minister Giorgia Meloni flew to Tripoli on Saturday where she is expected to agree a major gas deal aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country.

Meloni is meeting Mohamed al-Menfi, the head of Libya's three-man Presidency Council, and Prime Minister Abdulhamid al-Dbeibah, head of the internationally recognised Government of National Unity (GNU) in Tripoli.

According to public statements made this week by Libya's National Oil Corp (NOC) chief Farhat Bengdara, the deal will involve $8 billion to produce up to 850 million cubic feet a day of offshore gas from the Mediterranean.

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