Trinidad and Tobago plans to seek an extension on a U.S. license for Shell’s gas project in Venezuela, emphasizing the need for regional energy security and cooperation in light of expanding global LNG demand.
Trinidad and Tobago is advocating for the extension of a U.S. license that allows Shell to execute a gas project in Venezuela. This initiative aims to bolster energy partnerships amid increasing global LNG demands. The country seeks to navigate U.S. sanctions while fostering regional energy security and capitalizing on its resource-sharing agreements with Shell.
The push for the U.S. license extension for Shell’s Venezuela gas project reflects Trinidad and Tobago’s strategic effort to enhance collaboration in energy development while adapting to the shifting landscape in global energy consumption. This extension is essential for maintaining robust partnerships and exploring new opportunities in the energy sector.
Original Source: www.marketscreener.com
