Eni, Libya's NTC sign agreement

09/05/2011
Eric Watkins Oil Diplomacy Editor Italy's Eni SPA said it signed a memorandum of understanding with Libya's National Transitional Council (NTC) that aims at strengthening cooperation between them. Under the terms of the agreement, Eni and NTC said they are committed to "creating the conditions for a rapid and complete recovery of Eni's activities in Libya." The two sides also said they are committed to "doing all that is necessary to restart operations on the Greenstream pipeline, bringing gas from the Libyan coast to Italy." Eni and NTC, referring to the joint declaration signed on May 31 by the Italian government and NTC, said Eni has begun providing a first supply o...
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