Qatar in Talks to Buy Stake in TotalEnergies' Iraqi Projects
- Publish date: Friday، 27 January 2023
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Qatar is in talks to buy a stake from French multi-energy company TotalEnergies' $27 billion cluster of energy projects in Iraq, Reuters reported.
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"QatarEnergy is looking to acquire a stake of around 30% in the project, one source said," Reuters reported.
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TotalEnergies has a 22.5% interest in the Halfaya oil field and has been operating in Iraq since the late 1920s in oil and gas exploration and production.
The French company has signed major multi-energy agreements in Iraq covering the construction of a new gas network and treatment units, the construction of a large-scale seawater treatment unit and the construction of a 1 GW photovoltaic power plant, according to its website.