Eni and Repsol reach deal for Venezuelan gas exports
Eni and Repsol reached a deal to export Venezuelan gas by 2031. The project aims to double offshore production using a floating terminal for shipments.
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ENI SPA and REPSOL SA are planning to begin exporting Natural Gas from Venezuela by the end of 2031. This development follows a deal reached with the government in Caracas to revive a long-stalled effort to expand production from a massive offshore field in the Gulf of Venezuela, according to reports from Bloomberg News on Monday.
