Friday, November 25, 2016

Trinidad plans to sign Venezuela gas deal on 5 Dec


Trinidad and Tobago plans to sign a natural gas purchase agreement with Venezuela in Caracas on 5 December that the Caribbean country hopes will alleviate a chronic gas shortage."Ministers from Trinidad and Venezuela have been working on the agreement and are close to a conclusion," Trinidad's prime minister Keith Rowley said yesterday. "Industrial plants in this country are in danger of shutting down because of the shortage of gas." Under the agreement Trinidad would purchase gas from Venezuela's offshore Dragon field. The undeveloped field is part of Venezuelan state-owned PdV´s Mariscal Sucre complex off the Paria peninsula. More…

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