Shell seeks new licence for Venezuelan Dragon gas project

Shell is gearing up to restart preliminary work on the Dragon gas field, located offshore Venezuela, to supply gas to Trinidad and Tobago, reported Bloomberg, citing people familiar with the matter. The project awaits a new licence from the Trump administration, which would exempt it from sanctions. This move is expected to help Trinidad's liquefaction complex and petrochemical plants, which face gas shortages. The Dragon gas field, situated in shallow waters between Venezuela and Trinidad, is crucial f ...