专栏名称: CSSOPE

作为国内为专业的石油石化行业采购商与供应商搭建的交流对接平台，中国石油化工装备采购国际峰会（CSSOPE）凭借独特的市场定位及丰富的行业资源，为国内优秀供应商打开国际市场、取得跨国油气装备采购订单提供了广阔的市场机会。

Chinese giant emerges on TotalEnergies-led $10 billion

CSSOPE · 公众号 · · 2025-01-24 08:12

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CPECC has become the preferred contractor for a large-scale gas processing plant project in Iraq, which is part of TotalEnergies-led $10 billion Gas Growth Integrated Project (GGIP) in the Middle East. The details are as follows:

Project Background: Iraq, holding the world's fourth-largest crude oil reserves, has long faced issues of low natural gas resource utilization and flaring of associated gas in oil fields, which has caused both serious environmental pollution and huge resource waste. To improve the domestic energy structure and reduce carbon emissions, Iraq launched the $10 billion GGIP.

CPECC's Winning the Bid: CPECC has won a $1.7 billion contract for the Rathawi Gas Complex project in the Basra region of Iraq. The project aims to capture the gas that was originally flared in oil fields like Rumaila and Majnoon for power generation, which can alleviate the electricity shortage in Iraq while reducing environmental pollution. In the first phase, the plant will process 300 million cubic feet of gas per day, and the capacity will double after expansion.

Significance of the Project: This is an important layout and far-reaching influence of Chinese enterprises in the Middle East energy market. It not only demonstrates the competitiveness of Chinese enterprises in the global energy market, but also reflects their comprehensive advantages in technology, capital and experience.