TotalEnergies to finish Iraqi projects in 2029

The French oil giant TotalEnergies will complete four multi-billion projects awarded by Iraqi Oil Ministry last month in 2029, according to the official Iraqi news agency on Tuesday.

According to the agreements, phase 1 of the gas projects will add nearly 300 million cubic feet per day to Iraq’s gas production and the quantity will double at the end of phase 2.

However, the produced gas would not enable Iraq to achieve self-sufficiency in gas supplies, the agency said, quoting Nusair Jabbar, Studies and Planning Director at the Iraqi Oil Ministry.