Fossil Energy – Libya
Eni CEO, Claudio Descalzi, and the CEO of the National Oil Corporation of Libya (NOC), Farhat Bengdara, agreed today on the development of ‘Structures A&E’.
This is a strategic project aimed at increasing gas production to supply the Libyan domestic market as well as to ensure export to Europe.
The agreement was signed in the presence of the Prime Minister of Italy, Giorgia Meloni, and the Prime Minister of the Libyan Government of National Unity, Abdul Hamid Al-Dbeibah.
‘Structures A&E’ is the first major project in the country since the early 2000. It consists of the development of two gas fields, namely Structures A and E, located in the contractual area D, offshore Libya.
The combined gas production from the two structures will start in 2026 and reach a plateau of 750 million of standard gas cubic feet per day.
Production will be ensured through two main platforms tied-in to the existing treatment facilities at the Mellitah Complex. The project also includes the construction of a Carbon Capture and Storage (CCS) facility at Mellitah, allowing a significant reduction of the overall carbon footprint, in line with Eni’s decarbonization strategy. The overall estimated investment will amount to 8 billion USD, with significant impact on the industry and the associated supply chain, allowing a significant contribution to the Libyan economy.
