Basra:Prime Minister Ali Faleh Al-Zaidi has underscored the importance of investing in associated gas, highlighting Iraq’s significant potential in this sector during a meeting with delegations from TotalEnergies and ConocoPhillips.

According to Iraqi News Agency, the Prime Minister met with Patrick Pouyanné, CEO of TotalEnergies, and Andy O’Brien, CEO of ConocoPhillips, along with their delegations, to discuss investment mechanisms in oil and associated gas at the Ibn Umar field in Basra Governorate. The discussions aimed at setting timelines to increase oil and associated gas production from this field and boosting production at other locations.

The Prime Minister emphasized Iraq’s capabilities in associated gas and detailed the government’s plans to fully exploit gas resources and eliminate the need for imports in the coming years. The CEOs of TotalEnergies and ConocoPhillips expressed their commitment to adhering to the agreed timelines to enhance production rates.