{"id":209220,"date":"2021-11-22T18:32:02","date_gmt":"2021-11-22T16:32:02","guid":{"rendered":"https:\/\/energycapitalandpower.africa-newsroom.com\/press\/eni-to-support-the-development-of-libyas-oil-and-gas-prospects?lang=en"},"modified":"2021-11-22T18:32:02","modified_gmt":"2021-11-22T16:32:02","slug":"eni-to-support-the-development-of-libyas-oil-and-gas-prospects","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/eni-to-support-the-development-of-libyas-oil-and-gas-prospects\/","title":{"rendered":"Eni to Support the Development of Libya&#8217;s Oil and Gas Prospects"},"content":{"rendered":"<div class=\"image_wrap\"><img decoding=\"async\" src=\"https:\/\/www.africa-newsroom.com\/files\/thumb\/9c415794cfd0a2d\/600\/418\" alt=\"Energy Capital &amp; Power\" \/><\/div>\n<p><\/p>\n<p>The Libya Energy &amp; Economic Summit 2021, representing the first large-scale international event to take place in Libya in over a decade, featured a presentation by Eni&rsquo;s Natural Resources General Director and COO, Alessandro Puliti, who highlighted the company&rsquo;s efforts in exploring new frontier areas within Libya&rsquo;s energy sector &ndash; particularly in its offshore regions &ndash; and its devotion to contributing to the alleviation of energy poverty through its commitment to development and exploration activities.<\/p>\n<\/p>\n<p>Eni has invested over $10 billion to date into the development and exploration of Libya&rsquo;s abundant natural resources and has historically maintained its commitment to the prosperity of Libya&rsquo;s people.<\/p>\n<\/p>\n<p>&ldquo;In the past years, we have allocated increasing shares of gas production, from export to the domestic market, to fulfill domestic market demand,&rdquo; Puliti stated, adding, &ldquo;This clearly demonstrates the utmost attention we have paid to the economic and industrial development of Libya.&rdquo;<\/p>\n<\/p>\n<p>Noting the important role that renewables will play in Libya&rsquo;s future energy supply, Puliti highlighted the country&rsquo;s resilience and efforts in transitioning towards cleaner forms of energy, with a primary focus placed on natural gas and solar energy. &ldquo;Natural gas is the perfect bridge between fossil fuels and a net zero world where renewables account for most of the energy supply,&rdquo; stated Puliti.<\/p>\n<\/p>\n<p>&ldquo;We need to increase the velocity of the development of oil and gas fields,&rdquo; suggested Puliti, noting that the world can no longer rely on fossil fuels indefinitely. &ldquo;The strategy for the future can be summarized in just one sentence: speed up investments in oil and gas. Libya is a very significant remaining oil and gas prospect and Eni is ready to support this development.&rdquo;<\/p>\n<p><i>Distributed by APO Group on behalf of Energy Capital &amp; Power.<\/i><\/p>\n<div class=\"well well-sm\"><b>Media files<\/b><br \/><a href=\"https:\/\/www.africa-newsroom.com\/files\/large\/bc97bda5e3bfa79\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.africa-newsroom.com\/files\/large\/bc97bda5e3bfa79\" alt=\"Energy Capital &amp; Power\" style=\"max-width:500px\" \/><\/a><br \/><a href=\"https:\/\/www.africa-newsroom.com\/files\/download\/bc97bda5e3bfa79\">Download logo<\/a><\/div>\n<p> <a href=\"https:\/\/www.africa-newsroom.com\/\">Source: Africa Newsroom &#8211; APO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Libya Energy &amp; Economic Summit 2021, representing the first large-scale international event to take place in Libya in over a decade, featured a presentation by Eni&rsquo;s Natural Resources General Director and COO, Alessandro Puliti, who highlighted the company&rsquo;s efforts in exploring new frontier areas within Libya&rsquo;s energy sector &ndash; particularly in its offshore regions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":209221,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4584],"tags":[4585],"class_list":{"0":"post-209220","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-africa-news-2","8":"tag-apo","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2021\/11\/eni-to-support-the-development-of-libyas-oil-and-gas-prospects.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/209220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=209220"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/209220\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/209221"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=209220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=209220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=209220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}