TotalEnergies To Launch $27 Billion Energy Project In Iraq This Month ...Middle East

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TotalEnergies To Launch $27 Billion Energy Project In Iraq This Month
source : OILPRICE ( Middle East ) () 67
French oil and gas multinational TotalEnergies (NYSE:TTE) has finally reached an agreement with the government of Iraq to start a long-delayed $27 billion energy project in two weeks, Iraq's oil minister Hayan Abdel-Ghani said on Wednesday.  The two parties first struck the deal back in 2021 that would see Total build four oil, gas, and renewables projects in southern Iraq over 25 years with an initial investment of $10 billion. Unfortunately, the giant project was shelved amid disputes and squabbling between Iraqi politicians over the terms…

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