ASSESSMENTS

With Energy Deals in Africa, Italy Positions Itself as Europe's Next Gas Hub

Feb 8, 2023 | 19:54 GMT

Italian Prime Minister Giorgia Meloni (2nd L) and Libya's Tripoli-based Prime Minister Abdul Hamid Dbeibah (3rd L) attend an agreement-signing ceremony between Italian multinational oil and gas company Eni and the Libyan National Oil Corporation in Tripoli, Libya, on Jan. 28, 2023.

Italian Prime Minister Giorgia Meloni (2nd L) and Libya's Tripoli-based Prime Minister Abdul Hamid Dbeibah (3rd L) attend an agreement-signing ceremony between Italian multinational oil and gas company Eni and the Libyan National Oil Corporation in Tripoli, Libya, on Jan. 28, 2023.

(Photo by MAHMUD TURKIA/AFP via Getty Images)

The Italian government's new energy-driven approach to Africa will help the country bolster its own energy security and position itself as Europe's next natural gas hub. But infrastructural challenges at home and above-ground risks in North Africa will remain obstacles. The Italian government has made a series of high-level, energy-centric visits to the wider Mediterranean region since Italian Prime Minister Giorgia Meloni took office at the end of 2022. For example, Meloni visited Libya's capital Tripoli on Jan. 27-28 to discuss increased energy and migration cooperation with Abdul Hamid Dbeibah, the prime minister of Libya's internationally recognized Government of National Unity. While there, she oversaw the signing of an $8 billion natural gas deal between Italian oil and gas giant Eni and Libya's National Oil Corporation (NOC), and other deals for carbon capture and solar energy projects. Previously, Meloni visited Algeria's capital Algiers on Jan. 22-23 to meet with President...

Subscribe to view this article

Subscribe Now

Subscribe

Already have an account?