Venezuela Grants Shell License for Cross-Border Loran Gas Field with Trinidad
Venezuela has granted British company Shell a license for the initial phase of exploration and exploitation of the Loran gas field. This significant field is shared with Trinidad and Tobago, containing seven reservoirs, six of which are transboundary.
<p> <img alt="Rodríguez described the award as a “historic step,” recalling that the field had remained “without development” for 23 years" height="80" src="https://en.mercopress.com/data/cache/noticias/110453/100x80/1v4eptf6.jpg" style="float: left; margin: 0 12px 6px 0; border: 1px solid #333;" width="100" /> Venezuela on Thursday granted the British company Shell a license for a first phase of exploration and exploitation of the Loran gas field,...