Orinoco Insights

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Articles on Venezuela’s politics, economy, and energy.

BP and Trinidad receive OFAC license for new Venezuela project
Elias Ferrer Breda Elias Ferrer Breda

BP and Trinidad receive OFAC license for new Venezuela project

Trinidad and Tobago received a “specific license” from the US Treasury’s OFAC to develop a new gas project in Cocuina-Manakin field. The offshore reservoir is shared between the island nation and Venezuela and involves BP and Trinidad’s National Gas Company.

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