Libya's Gas Deal With Italy Prompts Backlash 

Jan 30, 2023 · 57s
Libya's Gas Deal With Italy Prompts Backlash 
Description

Key Libyan political figures have rejected an $8bn gas production deal overseen by the Tripoli-based Government of National Unity and the Italian government. The GNU's outspoken oil and gas minister...

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Key Libyan political figures have rejected an $8bn gas production deal overseen by the Tripoli-based Government of National Unity and the Italian government.
The GNU's outspoken oil and gas minister Mohammed Aoun after the gas deal was signed, calling it illegal and saying it lacks equality between the Libyan and Italian sides.
He says his ministry was bypassed on the deal which he reiterated was illegal and pledged to rectify.
The ministry released an official statement reiterating Mr Aoun's points, further criticising the deal for increasing the Italian side's shares from 30% to 37%.
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Author Africa Business Radio
Organization Africa Business Radio
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