Tag Archives | Gas exports

Libya’s Largest Offshore Gas Field comes Onstream

The National Oil Corporation (NOC) and Eni announce that Mellitah Oil & Gas, an Eni and NOC joint venture company (50/50), has started production in the first well of the offshore Bahr Essalam Phase 2 project. This comes just three years after the final investment decision. Two further wells will begin production within a week. […]

First Propane Shipment from Zueitina in 4 Years

By John Lee. The National Oil Corporation (NOC) has said it has shipped its first cargo of propane from Zueitina port after protests forced a four-year closure of the gas processing plant. The 61,761 barrels of propane were shipped to Italy. (Source: NOC)

Greenstream Restart Delayed Another Week

By John Lee. Gas exports to Italy via the Greenstream pipeline have reportedly been pushed back by another week. According to Platts, flow is expected resume by Saturday 5th May, following a planned break since 2nd April to integrate gas production from a new phase of the Bahr Essalam offshore gas field. Greenstream was exporting at […]

Edison, ENI Agreement agree Libyan Gas Contract

Edison and Eni have signed an agreement to review the price formula of the long term gas supply contract from Libya. The new formula will be applied to the imported volumes dating back to October 1, 2015 and shall be valid for three years. The agreement closes the price review process started by Eni on […]

Eni re-negotiates with Edison over Libya Contract

By John Lee. Eni is reported to be re-negotiating the terms of its Libyan gas supply contract with fellow Italian company Edison. According to Platts, Eni CFO Massimo Mondazzi told analysts on a conference call after Eni’s Q1 results announcement: “Relating to the Edison contract, we had the final arbitration judgement at the end of 2015 […]

Gas Exports to Italy Resume

Mellitah port has resumed gas exports to Italy after protesters ended their two-week blockade. The port, jointly operated by the National Oil Corporation (NOC) and Italy’s ENI, had been taken over by members of the Amazigh community, insisting that  Article 30 of the Constitutional Declaration be amended to give greater representation to minorities. Foreign Minister […]

Gas Exports to Italy to Resume “in Next Few Days”

Gas exports from the Mellitah complex to Italy are expected to resume “in the next few days”. Mellitah chairman Abdulfattah Shagan told Reuters on Wednesday that gas and oil operations had resumed at the Wafa fields, and the company was preparing to resume offshore gas production at Bahr Al-Salam [Bahr Es Salam, Bahr Essalam]. Gas exports […]

Libya Keeping Italy in Propane

Exports of Libyan gas are helping to compensate for reduced Italian refinery production following the temporary closure of the Gela and Falconara refineries for maintenance. According to Platts, the quantities of propane currently being exported from Libya are said by sources to be about 30% lower than the pre-civil war levels. Propane exports from the Libyan […]