Bashagha warns Italy's Eni about increasing stake in Mellitah Oil & Gas

Alwasat - Cairo Tue 20 Dec 2022, 01:44 AM
alwasat radio

Libya's Parliament-appointed Prime Minister, Fathi Bashagha, warned Eni against implementing a proposal to increase its stake in the Libyan joint venture 'Mellitah Oil & Gas Bv' with the National Oil Corporation (NOC).

On Sunday, the Energy Council held its second meeting chaired by Government of National Unity Prime Minister Abdulhamid Dabaiba. The meeting was devoted to discussing a strategy for developing production at the NOC, in addition to cooperation with the Italian energy company Eni.

In response, Bashagha said in a statement on Monday: “To the leadership of Eni. It has come to our attention that you have entered discussions with the current illegitimate management of NOC and the former Government of National Unity whose mandate expired last December. The purpose is to amend the shares of participation in the Libyan offshore areas to the major detriment of Libya’s sovereign interests and those of its people."

Bashagha continued: "We ask that you immediately cease from pursuing these measures which will harm the common and historical relations between Libya and Italy. Those who waive the rights of Libyans and exploit our great nation at a time of difficulty will bear the legal and moral responsibility."

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