Reports: Libya denies cutting gas exports to Italy
Italy wants Libya to boost its gas exports to Europe in an effort to reduce the continent’s energy dependence on Russia.
A controversy is brewing between Libya and Italy over gas exports.
What happened: On July 5, The Libya Herald reported that Libya’s Tripoli-based government is considering cutting gas exports to the Italian energy company Eni by 25%. The gas would instead be used for local gas consumption. Like other countries across North Africa and the Middle East, Libya is suffering from electricity cuts, according to the English-language Libyan outlet. The news was heavily covered in Libyan and Italian media.
However, on July 8, the Italian news wire service ANSA reported that the Libyan government denied the news.
Why it matters: Oil-and-gas-rich Libya could play an important role in the energy crisis brought on by Russia’s invasion of Ukraine. The Russian mercenary group Wagner seized several oil fields in Libya during the civil war, which ended in 2020. This was in an effort to prevent Libya from supplying oil and gas to Europe, thereby increasing Russia’s hand, according to a recent article in the DC-based Foreign Policy news site.