Eni, the main international gas producer in Libya, inked a memorandum of understanding (MoU) with Libya to study and identify opportunities to reduce greenhouse gas emissions and develop sustainable energy in the country.
The MoU goes in parallel with Eni’s strategy and Libyan government’s plans to accelerate decarburization and energy transition.
In accordance with the conditions of the memorandum, Eni will seek to reduce CO2 emissions by lowering normal gas flaring, fugitive emissions, and venting, as well as potential projects for the reduction of emissions from hard-to-abate sector.
Additionally, fresh approaches to the growth of renewable energy and programmes for the nation’s electricity efficiency will be assessed. The business will also try to identify additional gas resources from current fields that can be exploited as part of a comprehensive project for the domestic market and possibly for export.