MILAN Oct 29 Exports of oil and gas from the
Mellitah terminal in Libya have not been halted, the head of
Italian oil and gas group Eni said on Tuesday.
Sources said on Monday that oil exports at the terminal had
been suspended due to a protest by the Amazigh group, or Berber
tribesmen, demanding more political rights.
"There is social unrest but it's not true there is a block
of exports (at Mellitah)," Chief Executive Paolo Scaroni said on
the sidelines of a conference.
Mellitah is a joint venture owned by Libya's National Oil
Corp. (NOC) and Eni.
"It's a complex situation but there is no force majeure in
place," Scaroni said. He said gas exports were not halted and
later added that oil exports were not suspended.
Eni, the world's No. 6 oil major by volumes, is the biggest
foreign oil company in Libya. It produced around 270,000 barrels
of oil equivalent per day before the 2011 revolution.
Production disruptions in the country prompted it in August
to cut its yearly projections.
Libya's oil exports have dropped to less than 10 percent of
capacity as protests halt operations at western ports and
fields, frustrating government efforts to end a three-month
stranglehold on the industry.
Scaroni also said Eni is interested in taking part in new
bidding rounds in Libya: "We will do it but not at the moment"
State-controlled Eni is due to report third-quarter results
on Wednesday with analysts pointing to production difficulties
in Libya, Egypt and Nigeria as problems.
The Italian government is mulling the sale of a 4.3 percent
stake it holds in the company but has not taken any decision as
yet, Industry Minister Flavio Zanonato said at the same
"Our intention is to keep control of the company," Zanonato