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Iraq’s Oil Minister has said that a $27-billion deal between Iraq and France’s TotalEnergies signed in July will produce nearly 600 million cubic feet per day (mcf/d) of gas that will be enough to feed power facilities with a capacity of 5,000 megawatts (MW). The gas projects in South Iraq, undertaken by the French giant, will be conducted in two phases and accomplished within 4.5 years. According to Hayhan Abed Ghani, Phase 1 aims to conclude within three years, generating 300mcf/d, while Phase 2, delivering a similar quantity, is aimed for completion within 18 months.

TotalEnergies deal in Iraq to fuel 5000 MW power plants

Iraq’s Oil Minister has said that a $27-billion deal between Iraq and France’s TotalEnergies signed in July will produce nearly 600 million cubic feet per day (mcf/d) of gas that will be enough to feed power facilities with a capacity of 5,000 megawatts (MW). The gas projects in South Iraq, undertaken by the French giant, will be conducted in two phases and accomplished within 4.5 years. According to Hayhan Abed Ghani, Phase 1 aims to conclude within three years, generating 300mcf/d, while Phase 2, delivering a similar quantity, is aimed for completion within 18 months.

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