Reuters 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.
Energy
Venezuela close to approving offshore gas license with Trinidad, Shell
20 November 2023, 12:59 pm 1 minute
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: Reuters 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
