US to terminate all Venezuelan oil and gas licences
Business
Finance
Politics
February 27, 2025
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US Secretary of State Marco Rubio has revealed a new directive that eliminates oil and gas licences for foreign companies in Venezuela.
In a message on X, Rubio explained: “I am providing guidance to end State Department support for licences approved under Biden.”
The Trinidad and Tobago Government has been planning to request an extension from the US Government for a licence granted to Shell and the National Gas Company (NGC) to develop the Dragon gas project in Venezuela.
Business
Finance
Politics
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