US cuts Trinidad and Tobago/Venezuela 'lifeline' – Dragon is dead
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Finance
April 9, 2025
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IN A BLOW to the Government and country, the United States government has revoked the licences it had earlier granted allowing this country to monetise gas from both the Dragon and Cocuina-Manakin cross-border gas fields with Venezuela.
The announcement was made by a sombre Prime Minister Stuart Young at an unexpected press conference called on Tuesday at Whitehall.
These licences were granted to TT by the US Department of the Treasury's Office of Foreign Assets Control (OFAC).
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