Eni Boosts Gas Production In Libya With $8 Billion Investment

Given that Libya has exhibited all the stability of a puff adder on benzedrine since the West removed its longstanding leader, Muammar Gaddafi, in 2011, it is little wonder that it has found attracting foreign investment into its flashpoint oil and gas sector a tad tricky since then. It is a testament, though, to Libya’s hydrocarbons potential that any significant lull in hostilities between the multitude of self-interested factions in the country is sufficient to re-engage the interest of several hardy oil and gas companies. Italy’s…