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Search resuls for: "Curtis Williams Marianna Parraga"


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The U.S. in January granted Venezuela's PDVSA, Shell and NGC a two-year authorization to revive the project, which could boost Trinidad and Tobago's gas processing and exports. Negotiations between the trio initially had progressed little over a U.S. demand that the proposed Dragon gas project exclude cash payments to Venezuela or its state companies. "Discussions on the Dragon project involving the governments of Venezuela and Trinidad and Tobago and Shell are ongoing and commercially confidential," Shell told Reuters. PDVSA, Venezuela's oil ministry and Trinidad's energy ministry did not reply to requests for comment. A second could connect to Shell's Hibiscus field on Trinidad's side, allowing gas to flow to Trinidad, the people said.
Persons: Chris Helgren, Venezuela's PDVSA, Biden, PDVSA, Shell, Stuart Young, Nicolas Maduro, Keith Rowley, Trinidad's, Curtis Williams, Marianna Parraga, Timothy Gardner, Marguerita Choy Organizations: Shell, REUTERS, Rights, Tobago's National Gas Company, NGC, Reuters, Trinidad's Energy, U.S . Treasury, U.S . State Department, Trinidad's, U.S, Washington, Thomson Locations: Vancouver , British Columbia, Canada, Trinidad, U.S, Venezuela, Trinidad and Tobago, Maduro, Guiria, Point Fortin, Houston, Washington
If approved, its gas could restart an idled liquefaction train with a 500 million cubic feet per day (cf/d) capacity at Trinidad's flagship Atlantic LNG project. The facility is a venture mainly including Shell (SHEL.L), BP and state-owned National Gas Company of Trinidad and Tobago (NGC). YEARS OF WORK AHEADTrinidad is Latin America's largest liquefied natural gas (LNG) exporter, with installed capacity to process 4.2 billion cf/d into LNG, petrochemicals and power. Even if Washington granted Trinidad's request, it could take years of investment and development to bring Venezuelan gas to Trinidad and boost LNG to Europe. That project follows an amended production sharing contract for the Manatee gas field in Trinidad, which extends to Venezuela's Loran field.
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