Basra:Iraq Prime Minister Ali Faleh Al-Zaidi emphasized the significant potential for investing in associated gas, citing Iraq’s substantial capabilities in this sector.

According to National Iraqi News Agency, Al-Zaidi met with the CEO of Total Energies, Patrick Pouyanne, and the CEO of ConocoPhillips, Andy O’Brien, along with their delegations. The discussions centered on investment strategies for oil and associated gas in the Ibn Omar field located in Basra Governorate. The meeting also focused on establishing timelines for increasing production of oil and associated gas from the field and enhancing output in other areas.

Al-Zaidi reiterated the importance of harnessing Iraq’s gas resources and indicated government plans to maximize benefits from gas production. The goal is to cease gas imports entirely within the coming years, aligning with the country’s broader energy strategy.

The executives from Total Energies and ConocoPhillips expressed their commitment to meeting the agreed timelines and increasing production rates, underscoring their willingness to enhance cooperation in this endeavor.