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Sev­er­al cham­bers have ex­pressed dis­ap­point­ment with the two OFAC spe­cial li­cences for the Drag­on and Cocuina fields which have been re­voked by the Unit­ed States Gov­ern­ment.  The En­er­gy Cham­ber of Trinidad and To­ba­go, in a news re­lease yes­ter­day, said it was not un­ex­pect­ed giv­en the pre­vi­ous can­cel­la­tion of oth­er gen­er­al and spe­cial li­cences for com­pa­nies work­ing in Venezuela.

It not­ed that the im­por­ta­tion of pipeline gas from Venezuela for pro­cess­ing and on­ward sales to in­ter­na­tion­al mar­kets as ei­ther LNG or petro­chem­i­cals re­mains a sig­nif­i­cant eco­nom­ic op­por­tu­ni­ty for T&T.

Fur­ther, the En­er­gy Cham­ber in­di­cat­ed that it is im­por­tant that the gov­ern­ment con­tin­ues to en­gage ac­tive­ly with both the gov­ern­ments of the Unit­ed States and Venezuela to find a mech­a­nism to pur­sue this op­por­tu­ni­ty.