Companies TotalEnergies SE FollowBAGHDAD, April 4 (Reuters) - Baghdad has reached an agreement to hold a 30% stake in TotalEnergies (TTEF.PA) long-delayed $27 billion Iraq project, two sources told Reuters on Tuesday. The deal was signed in 2021 for TotalEnergies to build four oil, gas and renewables projects with an initial investment of $10 billion in southern Iraq over 25 years. Iraq's demand for a 40% share in the project was a key sticking point as TotalEnergies wants a majority stake. The agreement to lower the share to 30% was struck after meetings in Baghdad over the past few days, an industry source said. "The deal should be activated within days," a senior Iraqi oil ministry official said.

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