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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    With this value .. "Reuters": Qatar is moving to acquire the projects of a French company in Iraq

    rocky
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    With this value .. "Reuters": Qatar is moving to acquire the projects of a French company in Iraq Empty With this value .. "Reuters": Qatar is moving to acquire the projects of a French company in Iraq

    Post by rocky Thu 26 Jan 2023, 4:07 am

    [size=35][size=35]With this value .. "Reuters": Qatar is moving to acquire the projects of a French company in Iraq[/size][/size]
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    Economie

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    2023-01-26 | 00:48
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    Alsumaria News - Economy

    Three sources told Reuters that Qatar is in talks to acquire a stake in a group of energy projects belonging to the French company Total Energy worth $27 billion in Iraq, as Baghdad hopes to stop the efforts of Western energy companies to get out of the country.


    One source said, "[You must be registered and logged in to see this link.]Energy" is looking to acquire a stake of about 30% in the project. Energy companies rarely own 100% of projects and prefer to enter into partnerships to reduce risks.

    Oil companies are seeking to leave[You must be registered and logged in to see this link.]As a result of the weak return from revenue sharing agreements.






    And when Total Energy signed and[You must be registered and logged in to see this link.]An agreement in 2021 to build four mega projects for solar energy, gas, electricity and water in the south[You must be registered and logged in to see this link.]For 25 years, hopes have been high that companies will stop leaving the country.

    Exxon Mobil, Shell and BP sought to reduce their operations in[You must be registered and logged in to see this link.]over the past few years.

    But the project, which aims to boost the economy[You must be registered and logged in to see this link.]Reducing its dependence on Iranian gas has not yet taken off.
    [rtl]Related articles[/rtl]

    The Total Energies deal came with[You must be registered and logged in to see this link.], which needs initial investments of $10 billion, following a visit from French President Emmanuel Macron in September 2021.

    Sources close to the deal told ““[You must be registered and logged in to see this link.]In February 2022, the terms of the agreement, which have not yet been announced or previously published, raised concerns among Iraqi politicians and were unprecedented for Iraq.

    The deal includes the construction of a natural gas collection network to supply local power plants through the expansion of the Ratawi field, and the construction of a seawater treatment facility. on a large scale to boost production from other fields with water injection technology, and to set up a large solar power plant in Basra, but little progress has been made since then

    .[You must be registered and logged in to see this link.]“Last year, disagreements over the terms of the agreement threatened the project with cancellation.

    It did not respond.”[You must be registered and logged in to see this link.]energy" and no[url=https://www.alsumaria.tv/Entity/2660059506/%D9%85%D9%83%D8%AA%D8%A8 %D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84 %D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D9%8A/ar/]Government Communications Office[/url]The Qatari has yet to be asked for comment on the talks.

    Nor did Total Energies confirm the agreement when contacted.[You must be registered and logged in to see this link.]A

    senior official in the Iraqi Oil Ministry said he was unaware of the plans.[You must be registered and logged in to see this link.]Energy” to acquire a stake in the “Total Energies” project.

    A spokesman for the Elysee Palace said that the Iraqi Prime Minister,[url=https://www.alsumaria.tv/Entity/2793230493/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url]He will travel to Paris later today, Thursday, and meet Macron.

    One source told[You must be registered and logged in to see this link.]Al-Sudani will also meet with the CEO of Total Energies.[url=https://www.alsumaria.tv/Entity/1179439277/%D8%A8%D8%A7%D8%AA%D8%B1%D9%8A%D9%83 %D8%A8%D9%88%D9%8A%D8%A7%D9%86/ar/]Patrick Boyan[/url]trying to end the crisis.

    Two of the sources said,[You must be registered and logged in to see this link.]Energy” and “Total Energies” are in talks about a stake in the project, and there is great confidence that the deal will take place, although no final agreement has been [You must be registered and logged in to see this link.] yet.



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