ENI Exceeds Pre-Civil War Levels in Libya

Friday, May 15, 2015

Despite the ongoing battles in Libya, Italian firm ENI has been able to keep its petroleum production flowing. The company has had some shut-ins since the country’s civil war erupted, but currently ENI’s production is exceeding pre-revolution levels.

The company said that despite the many challenges within Libya it is producing around 300,000; about 20,000 bpd more than during former Libyan strong man Muammar Qaddafi’s regime.

Recently the company’s CEO, Claudio Descalzi, had expressed his concern over Libya’s security conditions but said despite the problems operations were continuing as normal.

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