Economy & Business - April 2025

TRINIDAD & TOBAGO: US revokes licences for Trinidad-Venezuela gas projects

CENTRAL AMERICA & CARIBBEAN by Abbi Dicker 16 April 2025 Modified: 16 April 2025 2102 views

Trinidad & Tobago’s Prime Minister Stuart Young announced this month that the US had revoked special licences for the development of two offshore natural gas projects between Trinidad & Tobago and Venezuela: Dragon, which was being developed by British multinational oil firm Shell and Trinidad’s state-owned Natural Gas Company (NGC), and Cocuina-Manakin, which was being developed by NGC and British multinational BP.

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