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Iraq's $27B deal with TotalEnergies could ease its longstanding energy crisis, but challenges remain

Iraq's $27B deal with TotalEnergies could ease its longstanding energy crisis, but challenges remain
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Iraq moves toward easing its energy crisis with $27B TotalEnergies deal

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Iraq moves toward easing its energy crisis with $27B TotalEnergies deal, but challenges remain

Iraq moves toward easing its energy crisis with $27B TotalEnergies deal, but challenges remain
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Iraq's $27B deal with TotalEnergies could ease its longstanding energy crisis, but challenges remain

A multi-billion dollar agreement signed with France's TotalEnergies could help resolve Iraq's longstanding electricity crisis, attract international investors and reduce its reliance on gas imports from neighboring Iran, a point of tension with Washington. The $27 billion agreement signed in Baghdad on Monday after years of negotiation marks the largest foreign investment in Iraq's history. It could even help combat climate change by reducing oil flares, and relieve some of the stress on Iraq's dwindling waterways through a new desalination plant.

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Iraq's $27B deal with TotalEnergies could ease its longstanding energy crisis, but challenges remain – Metro US

Iraq's $27B deal with TotalEnergies could ease its longstanding energy crisis, but challenges remain – Metro US
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