We have no intention now to buy a particular share. This may be 2,3,4,5 and 10%. Once a suitable offer price, and comes right moment, we do buy , – said the Libyan ambassador to Italy Hafedh Gaddur.The Ambassador noted that Libya does not seek to control ENI and now is negotiating to invest more in the 5-6 Italian companies, reports Reuters. At the moment, according to a diplomat in the capital of ENI had a small share of the Libyan capital. Earlier, Italian Foreign Minister Franco Frattini said that the political obstacles to the purchase of shares by Libya not, but then added that the sale of 10% stake in an Arab country is still cause for concern, it suffices to confine and 8%. Analysts note that buying (or information on any) of the Italian oil and gas companies Libya dramatically raises the stock market quotes of their shares. In last Monday on the Milan stock exchange was registered a record growth stocks ENI, which experts linked primarily to the interest of Libya to buy a large block of shares in the group. By the end of the day ENI shares increased by 14.23%, came up to 17,58 euros for the paper. Recall that shortly after the signing in August 2008 Treaty of friendship between Italy and Libya, Tripoli has strengthened its financial presence in the Apennines. In particular, Libya has gained 5% stake in the largest Italian banking group UniCredit and increased its participation in ENI from 0.2% to 0.5%. It seems that Libya expects to acquire a 5% to 10% of the capital group and become the second state, after the Italian shareholder ENI. Shares of groups can be purchased through the Lybian Energy Fund.
