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Wednesday, March 22, 2023 2:55 GMT
Talks between French oil major TotalEnergies and Iraq to resolve sticking points in a long-delayed US$27 billion energy deal "have reached advanced stages", Iraqi oil minister Hayan Abdel-Ghani said on Sunday. "We will activate the deal very soon," Abdel-Ghani said at an energy event. The proposed deal, which Baghdad hopes will revive foreign investment in the country, was signed in 2021 for TotalEnergies to build four oil, gas and renewables projects with an initial investment of US$10 billion...More