Iraq and TotalEnergies sign deal for $27bn worth of energy projects
The deal includes oil, gas and renewables projects.
12 July 2023
12 July 2023
The deal includes oil, gas and renewables projects.
The suspension comes after months of delays caused by persistent drought in Panama that has reduced water levels in the canal.
The companies will cooperate on LNG production, export and renewable energy.
The long-term sale and purchase agreement will see Centrica take delivery of approximately 14 LNG cargoes per year.
The acquired interest in Cove Point LNG will be owned by BHE GT&S.
The ten-year deal will see QatarEnergy supply as much as 120 million barrels of condensates to ENOC.
The construction plans form part of Germany’s extensive LNG infrastructure expansion.
The second gas processing plant at the Dos Picos gas gathering system and processing complex will be commissioned in 2024.
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