Total and Eni Ready Billion-Dollar Energy Projects in Libya
- “I want to contribute to Libya’s comeback”: TotalEnergies CEO
- The two firms to invest in oil, natural gas and solar power
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France’s TotalEnergies SE and Italy’s Eni SpA said they were ready to invest billions of dollars in Libya as the OPEC nation emerges from a decade of conflict and civil war.
“I want to contribute to Libya’s comeback,” TotalEnergies’ Chief Executive Officer Patrick Pouyanne said on Monday at an energy conference in the capital, Tripoli. “Some may see more boldness than wisdom in TotalEnergies’ decision to partner with Libya. I don’t. Where they see risks, I see the opportunities.”