Eni and Libya's state-owned NOC have signed the six contracts of Exploration and Production Sharing(EPSA IV)that extend original agreements of Eni's activity in Libya."Contracts have been renewed for 25 years from January 2008.The new expiry dates set by the agreement are 2042 for production of oil and 2047 for gas,"said Eni after a signing ceremony in Tripoli.
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