BP pursues US government license for gas project on Venezuela border

BP is seeking a U.S. license to develop a gas field shared by Trinidad and Venezuela. The project aims to boost LNG exports and address fuel shortages.

洞察:
BP p.l.c. is seeking a license from the US USUS government Office of Foreign Assets Control (OFAC) to proceed with the development of the Manakin-Cocuina gas field. The field is a significant cross-border resource that straddles the maritime boundary between Trinidad and Tobago TTTT and Venezuela VEVE. Obtaining this license would facilitate the production of more than 1 trillion cubic feet of gas, which would be transported to Trinidad for processing into liquefied natural gas.
The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly
The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly
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