Iraq, US company sign contract for floating gas terminal
Oct. 28, 2025 • 2 min read
ERBIL, Kurdistan Region of Iraq - Iraqi Prime Minister Mohammed Shia’ al-Sudani on Tuesday oversaw the signing of a contract between the Iraqi electricity ministry and the US-based Excelerate Energy to implement a floating gas terminal project, with the initiative being hailed by the US Embassy in Baghdad as a "decisive step" toward Iraq achieving energy independence from Iran.
Beforehand, Sudani received US Deputy Secretary of Energy James Danley and his accompanying delegation, with the US Embassy in Baghdad's Charge d'Affaires Joshua Harris also in attendance.
During the meeting, the premier said Baghdad has set 2028 as a deadline to reach self-sufficiency in gas production and stressed the importance of his country cooperating with US companies in the oil and energy sectors.
Later the same day, he oversaw a contract signing ceremony for a floating gas terminal with "a daily capacity of 15 million cubic meters" for a renewable five-year term, the premier's office said in a statement.
https://thenewregion.com/posts/3477/iraq-us-company-sign-contract-for-floating-gas-terminal