2023-07-11 02:00:53
Patrick Pouyanné (left), the CEO of TotalEnergies, and the Iraqi Minister of Oil, Hayan Abdel Ghani al-Sawad, during the signing of the contract on Monday in Baghdad, insisted on the benefits in terms of employment for the population . THAIER AL-SUDANI/REUTERS
DECRYPTION – The tanker realizes a mega-contract of 10 billion dollars, which also covers gas and solar.
Special envoy to Baghdad and Artawi (southern Iraq)
TotalEnergies returns through the front door in Iraq. But what efforts made and cold sweats endured for the oil giant to regain a place of choice in this country, which saw the birth of the French company, a century ago, next year!
Patrick Pouyanné, CEO of TotalEnergies, and Oil Minister Hayan Abdel Ghani al-Sawad signed a $10 billion mega-contract in Baghdad on Monday. A strategic contract for Baghdad, in search of benefits for its population, and the French multinational, engaged in renewable energies, and which had almost disappeared from the Iraqi market following the American invasion of 2003.
“It is a historic day to launch, in fact, four giant projects” in the oil, gas, solar and water sectors, welcomed Patrick Pouyanné, who returned to twenty-two months of negotiations marked by many twists and turns. “These twenty-two…
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