U.S. Revokes Trinidad’s License to Produce Gas With Venezuela
The Donald Trump administration has revoked the authorizations allowing Trinidad and Tobago to produce gas in joint fields with Venezuela without fear of reprisals.
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ENI to Maintain Gas Production in Venezuela to Avoid a “Social Crisis” and Negotiates with the U.S.
The Italian company is seeking an exemption from U.S. sanctions to continue operating in Venezuela, where it is one of the main suppliers of gas for the domestic market.
Marco Rubio Urges Trinidad and Tobago to Align with Measures Against Maduro
As part of his latest tour of the Caribbean, the United States Secretary of State, Marco Rubio, held a meeting with Trinidad and Tobago’s Prime Minister, Stuart Young, in Kingston, Jamaica. During this meeting, the Trinidadian government was urged to support the North American country’s measures against Nicolás Maduro’s administration, according to Trinidad’s Guardian newspaper.
Reuters: Shell Accelerates Dragon Gas Project in Venezuela under Threat of US Sanctions
In a move with significant geopolitical and energy implications, Shell has brought forward the production timeline for the Dragon gas field in Venezuelan waters to 2026, aiming to revive the struggling industry of Trinidad and Tobago.
Trinidad and Tobago and Shell Seek License Extension for Gas Project in Venezuela
Trinidad and Tobago intends to request the U.S. government to extend the license granted to British oil company Shell and the National Gas Company of Trinidad and Tobago (NGC) to develop the Dragon gas project in Venezuela, according to sources consulted by Reuters.