Picture: REUTERS/PASCAL ROSSIGNOL
The French energy company will invest $10bn in the projects over seven years, Iraq oil minister Ihsan Abdul Jabbar said at a ceremony in Baghdad. Work on the projects will start in southern Iraq by the end of the year, TotalEnergies CEO Patrick Pouyanne said at the event. TotalEnergies will also help Iraq to capture natural gas associated with several oilfields in the region and will build a large solar plant. The agreement marks the biggest investment by a foreign company in Iraq, Abdul Jabbar said.
While Iraq pumps about 4-million barrels a day of oil, more than any other member of the Opec other than Saudi Arabia, international companies also have been put off in recent years by tough contractual terms, payment delays and political instability.Making better use of its own gas could help Iraq reduce its dependence on imports of the fuel from Iran — on which it relies for power generation. By stopping flaring from its own fields, Iraq could use gas that’s now wasted to generate power.
I was introduced into his platform by a friend I met online Dennismayson7. I thought it was a scam company as well.... But I was moved to try once again with Dennismayson7 I just wanna share this with my people, it was a WIN and i am GREATFUL.🙏🙏🙏🙏 GRATITUDES.
I did my research properly Dennismayson7 I must confess nobody handles Bitcoin mining better than you. I'm privilege to have invested my BITCOIN with you sir Dennismayson7 I'M GREATFUL. You are indeed one of the best. Thanks a million🤗🤦♂️🙏
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Beijing's municipal government plans investment in Didi GlobalProposal would give state-run firms control of the world’s largest ride-hailing company, according to people familiar with the matter I can't find a perfect way to express my experience with Mr Tyron it was a very awesome transformation. I've always seen recommendations in respect to his name and I gave a try and I made cool withdrawals. THANKS SO MUCH... you can as well reach him also tyron_robert7
Source: BDliveSA - 🏆 12. / 63 Read more »