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Friday, May 17, 2024

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Venezuela close to approving offshore gas license with Trinidad, Shell

EnergyVenezuela close to approving offshore gas license with Trinidad, Shell


Energy

Primanews was first to report that Venezuela is close to approving a license for Shell (SHEL.L) and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country. 

Market Impact

Shell would operate the project with a 70% stake and Trinidad’s NGC (NGCTT.UL) would hold the remaining 30% under proposed terms, the people said. 

Article Tags

Topics of Interest: Energy

Type: Primanews Best

Sectors: Commodities & Energy

Regions: AmericasSouth America

Countries: Trinidad and TobagoVenezuela

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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