Shell plans to export natural gas from Venezuela to Trinidad and Tobago by 2026, aiming to leverage Venezuela’s gas reserves to enhance energy supply and regional cooperation.
Shell is strategically planning to export natural gas from Venezuela to Trinidad and Tobago with a projected start in 2026. This initiative is part of Shell’s broader objective to enhance its gas portfolio, utilizing Venezuela’s significant natural gas reserves. The company aims to facilitate energy supply, meeting demands in Trinidad and Tobago, potentially boosting regional cooperation and energy stability. This project signifies Shell’s commitment to diversifying its energy sources amid evolving global energy dynamics.
In summary, Shell’s intention to export natural gas from Venezuela to Trinidad and Tobago by 2026 highlights its strategic shift towards capitalizing on significant gas resources in South America. This move aims not only to meet energy demands but also to promote regional energy security and cooperation, marking a pivotal step in Shell’s long-term energy strategy.
Original Source: www.marketscreener.com