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U.S. Grants License To Trinidad And Tobago To Develop Venezuelan Gas Field

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The U.S. Treasury has granted a license to Trinidad and Tobago, allowing the Caribbean nation to develop a gas field offshore Venezuela and do business related to the gas field with Venezuela’s state oil firm PDVSA, Reuters reports, quoting officials from the U.S. and Trinidad. Trinidad and Tobago asked for a license from the U.S. Department of the Treasury in the middle of 2022, and the exemption was recently granted by the U.S. Administration. Trinidad and Tobago expects to gain access to around 350 million cubic feet of gas per day from…

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