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TotalEnergies to increase Iraq investments to $16 billion

France’s TotalEnergies plans to raise investments in Iraq to $16 billion from $12 billion, focused on strategic projects, particularly in the gas sector, according to the Iraqi Prime Minister’s Office (PMO).

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France’s TotalEnergies plans to raise its investment in Iraq to $16 billion from $12 billion, the Iraqi Prime Minister’s Office said, as the energy major continues developing strategic projects in the country, particularly in gas.