U.S. State Department Welcomes Iraq-TOTAL Energy Deal for Energy Self-Sufficiency

The U.S. State Department welcomed a $27 billion deal between Iraq and TOTAL Energy, signed to develop Iraq's gas sector and aimed at achieving energy self-sufficiency. According to the statement, Iraq intends to recover flare gas from refineries through the energy self-sufficiency project, which will not only contribute to energy independence but also help address environmental changes. The United States supports Iraq's efforts to enhance energy security and reduce flare gas emissions, which have positive effects on the environment and electricity production. Simultaneously, this contract includes a one-gigawatt solar power plant, marking a positive start for Iraq's energy sector transition towards clean energy production, bringing self-sufficiency and higher service levels for the Iraqi people. The U.S. State Department's statement also noted that the $27 billion contract signifies a relative improvement in Iraq's business environment, attracting foreign investment and creating economic opportunities in the country. Previously, following the cessation of Iranian gas exports to Iraq and the resulting energy supply issues, Jake Sullivan, the U.S. National Security Advisor, announced the 'Iraq Plan' for 'energy self-sufficiency' and welcomed it. The National Security Advisor also stated on Tuesday, 'We welcome the finalization of Iraq's contract with the French company TOTAL.' According to Jake Sullivan, this significant contract will be implemented with the participation of regional and American companies and is a major step towards achieving Iraq's energy self-sufficiency. The National Security Advisor emphasized that the United States fully supports Iraq's ongoing efforts and plans and will continue to work closely with the Iraqi government. The spokesperson for Iraq's Ministry of Electricity stated to VOA that Iran has reduced gas exports without notice, marking the end of reliance on Iran; Iraq is making significant strides towards 'energy self-sufficiency' and receiving U.S. support. Record-breaking electricity consumption of '72,000 megawatts' in Iran led to power cuts for 68 government offices in Tehran. Iraq and 'TOTAL Energy' of France signed a $27 billion contract. The Iraqi Ministry of Electricity reported that Iran has cut gas exports. Pressure from the pro-Islamic Republic coalition on the Iraqi government to pay 'gas debts' to Iran.