Friday, March 17, 2017

Shell to build 17 km pipeline from Dragon to Hibiscus


Oil and gas giant Royal Dutch Shell is expected to build a 17 kilometre (10.6 mile) pipeline from Venezuela's shallow-water Dragon gas field to its Hibiscus platform off the north coast of Trinidad, following agreements signed Wednesday in Caracas, according to Venezuelan government statements. Minister in the Office of the Prime Minister Stuart Young is expected to make the announcement today at the weekly post-Cabinet press briefing in Port of Spain. On Wednesday in Parliament, he said he "just came off a plane" and would make an announcement within 24 to 48 hours on what Government is doing to help the declining oil and gas sector. Hours before, he was excused from the Lower House sitting by Speaker Bridgid Annisette-George who said he was out of the country. More…

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