Qatar is in talks to acquire a stake from French company TotalEnergies' $27 billion cluster of energy projects in Iraq, three sources told Reuters, as Baghdad hopes to stem efforts by Western energy companies to exit the country.
But the project, aimed at boosting the country's economy and reducing its dependency on Iranian gas, is yet to take off.
The deal includes the construction of a natural gas gathering network to supply local power stations through the expansion of the Ratawi field, building a large-scale seawater treatment facility to boost output from other fields using water injection and a large solar power plant in the Basra region.
QatarEnergy and TotalEnergies have been talking about a stake in the project, and even though no final agreement has been reached yet, there was a lot of confidence it would materialise, two of the sources said.Iraq and France in December jointly organised a
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
America’s 25 Biggest Philanthropists Gave a Whopping $27 Billion to Charities in 2022The nation's most generous billionaires have collectively donated $196 billion to date.
Lire la suite »
Exclusive: Blackstone in talks with Bain to sell $480 million stake in top Indian REITBlackstone is in talks to sell around half of its stake in India's largest real estate investment trust Embassy Office Parks to private equity firm Bain Capital, two sources said, in a deal worth up to $480 million at current prices.
Lire la suite »
WSJ News Exclusive | Ford in Talks to Sell German Plant to China’s BYDFord is in talks with Chinese electric-vehicle maker BYD over the sale of a manufacturing plant in Germany
Lire la suite »
Robert Kirkman Talks Everything Invincible In New Interview (Exclusive)In a long-ranging interview, we spoke with InvincibleHQ's RobertKirkman about the series, watching the comic get adapted, and the growth of Skybound!
Lire la suite »
WSJ News Exclusive | Juul in Deal Talks With Three Tobacco GiantsJuul is in talks with Philip Morris, Japan Tobacco and Altria about a possible sale or partnership, people familiar with the matter said
Lire la suite »
Eddie Murphy Reveals If He Approves of His Kids' Partners (Exclusive)The 'You People' actor tells ET how he would react if any of his 10 children brought home someone he didn't like.
Lire la suite »