Italy: ENI resumes 70 percent of its pre-conflict output from Libya image

ENI’s chief Paolo Scaroni, on Thursday said the oil giant has resumed about 70 percent of its pre-conflict output from Lydia, Reuters reports.

“We are close to 200,000 barrels a day” of oil equivalent including gas, Scaroni said at the World Petroleum Congress in Doha.

“We have resumed our activities (in Libya) in a very satisfactory way which is above our most optimistic expectations. Libya for us is back to being business as usual,” Scaroni said later on the margins of an exhibition opening.

Eni re-launched production of oil in late September and reopened the Greenstream natural gas pipeline connecting Libya and Italy on Oct. 13 after eight months of being idle.

Claudio Descalzi, Eni head of exploration and production, said Eni aims to return to pre-war levels of about 280,000 boe/d in Libya by the end of June 2012 and to increase its output to an average of 300,000 boe/d in 2013.

Eni, which has operated in Libya since 1959 and is the biggest foreign operator in the oil-rich north African country, has oil production contracts there which are in force until 2042 and gas contracts in force until 2047.

On the same time, Total’s production in Libya reached 170,000 barrels a day at the Murzuk oil field and 40,000 barrels a day at the Al Jurf field.