Iraqi Oil Minister Hayan Abdul-Ghani announced today, Wednesday, that "Iraq and Total Energies expect to start a long-delayed project costing $27 billion within the next two weeks." He anticipated that "within the next two weeks, five-party agreements related to the deal would be signed, paving the way for the commencement of implementation." For his part, Total Energies CEO Patrick Pouyanné confirmed that "discussions are progressing, as both parties have reached an agreement regarding Iraq's share in the project."