The French president's second trip to Iraq in less than a year could potentially help push a massive energy deal across the finish line for TotalEnergies.
Published Friday, August 27th, 2021
French President Emmanuel Macron’s impending visit to Iraq is raising expectations that TotalEnergies could be close to finalizing a multi-billion-dollar energy deal it has been negotiating since April.
"We have secured the terms and the reference on the contract. We've agreed with Total on the economic model," said Iraqi Oil Minister Ihsan Ismaael, in a July interview with Iraq Oil Report, expressing optimism that the final signing "should happen before September."