Page 6 - AfrOil Week 02 2023

AfrOil PIPELINES & TRANSPORT AfrOil

Libyan gas flows to Italy resume at

full capacity after short interruption

LIBYA LIBYAN natural gupplies to Italy resumed in full
capacity on Monday, January 9 after they were
disrupted at the end of last week, according to a
report from the Italian news agency Nova.
Gas flows resumed at the normal level of
7-8mn cubic metres per day, with shipments
reaching Gela in Sicily from the Libyan plant of
Mellitah via the GreenStream pipeline. The pipe
follows a 500-km route across bed of the Medi-
terranean Sea to Italian territory.
According to the report from Nova, deliver-
ies were interrupted last week when a group of
demonstrators from the Libyan city of Zuwara Libya sent 2.5 bcm of gas to Italy via GreenStream in 2022 (Image: GreenStream)
prevented employees from reaching the Melli-
tah oil and gas processing plant. The group was 2022, according to government estimates.
protesting the plant management’s decision not About 60% of Libya’s domestic gas produc-
to hire them for jobs at the complex. tion is destined for the domestic market, while
Mellitah is the main hub for Libyan gas the rest is exported to Italy.
exports to Italy via GreenStream. The North Based on these data, total gas production
African state exported nearly 2.5bn cubic metres in Libya should amount to between 9-10 bcm
to the Italian market through GreenStream in annually. ™

Snam acquires 49.9% stake in

Eni’s Algeria-Italy gas pipelines

ALGERIA THE Italian natural gas grid operator Snam
acquired Eni’s 49.9% stake in companies oper-
ating two groups of gas pipelines between North
Africa and Italy for €405mn ($435mn), Eni said
in a statement on January 11.
Under the deal, which secured approvals
after nearly 14 months delay, Snam’s SeaCorri-
dor subsidiary has taken the 49.9% stake.
Eni has retained the remaining 50.1%, and
as part of the transaction, its ownership stakes
in the gas pipeline assets have been trans-
ferred to a new company that will also be called
SeaCorridor.
Eni and Snam will exercise joint con-
trol of SeaCorridor under joint governance
arrangements
“The transaction leverages Eni’s and Snam’s Eni will retain the remaining 50.1% in(Image: TransMed)
respective areas of expertise in gas transport on
a strategic route for the security of Italy’s natu- The transaction includes the onshore gas
ral gas supply, enabling potential development pipelines running from the Algeria and Tunisia
initiatives within the hydrogen value chain also borders to the Tunisian coast (TTPC), and the
thanks to the natural resources North Africa has offshore gas pipelines connecting the Tunisian
to offer,” Eni said in a statement: coast to Italy (TMPC).

P6 www. NEWSBASE .com Week 02 12•January•2023