January 26, 2023 16:02 GMT
Italian Prime Minister Set for Libya Trip to Secure Energy Supplies
Italian Prime Minister Giorgia Meloni is planning to go to Libya to try and secure more oil and gas supplies.
- The trip may be as early as Saturday based on Bloomberg reports. Meloni went to Algeria earlier this week with ENI’s CEO to try and negotiate energy deals.
- Eni is set to agree to an $8 billion investment in Libyan gas fields.
- Libya is strategically located for Italy to pull in higher oil and gas volumes.