Basra:Prime Minister Ali Faleh Al-Zaidi underscored the importance of investing in Iraq’s associated gas sector during a meeting with executives from TotalEnergies and ConocoPhillips.
According to Iraqi News Agency, the meeting was attended by TotalEnergies CEO Patrick Pouyanné and ConocoPhillips CEO Andy O’Brien, along with their delegations. Discussions focused on investment strategies in the Ibn Umar field in Basra Governorate, with a particular emphasis on setting timelines to boost oil and associated gas production.
The Prime Minister highlighted Iraq’s significant potential in the associated gas sector and emphasized the government’s plans to fully utilize domestic gas resources and halt imports in the coming years. Al-Zaidi urged the delegations to prioritize efforts towards meeting the production increase timelines.
The CEOs of TotalEnergies and ConocoPhillips expressed their commitment to intensifying their efforts to adhere to the agreed timelines for production enhancements.