Eni signs memorandum of understanding with the Libya

Eni said it signed a MOU with the Libyan government to build a shipping port and desalination plant.

Eni Chief Executive Officer, Paolo Scaroni signed the MOU in the presence of Libyan Prime Minister al-Baghdadi Ali al-Mahmudi during a weekend ceremony in Tripoli, the company said in a statement.

The memorandum outlines the undisclosed terms for construction of a shipping port and related infrastructure, a water desalination plant and 1,000 houses in an area near the Gulf of Sidra.