Italian energy company Eni announced Tuesday it made its second discovery of the year at an exploration prospect off the coast of Libya. Eni said it made a natural gas and condensate discovery in so-called Area 3, a reserve area about 85 miles off the Libyan coast. “The well represents the second discovery made by Eni in Libyan offshore Area D since the beginning of 2015,” the company said in a statement. Production tests yielded a preliminary flow rate from the well at 1,340 barrels of oil equivalent per day. Eni estimates the well should be able to produce at least 3,000 boe per day at its peak. Before NATO forces intervened in Libyan civil war in 2011, the country was producing more than 1 million bpd. The Organization of Petroleum Exporting Countries in its latest market report said production from member-state Libya […]