Eni, Libya’s largest foreign producer, expects a slump in output in the coming years, according to the firm's recently announced 2018-21 strategy.

“We have a rate that was about 300,000 b/d,” Eni CEO Claudio Descalzi told investors at the presentation of the strategy on 16 March. “At the end of the plan, this rate will be about 200,000 b/d." (CONTINUED - 1241 WORDS)