US EditionVenezuela Signs Deal with Repsol for Gas Production
23 Articles
23 Articles
Caracas. The Venezuelan government and the European companies Repsol, of Spain, and ENI, of Italy, signed yesterday an agreement for the exploitation of gas in the Cardón IV field, located in territorial waters of the western part of the country.
Delcy Rodríguez states that the agreement, which also includes Eni, "guarantees the supply of gas" in Venezuela for national development and domestic consumption and will also allow export
The government of Venezuela, led by Delcy Rodríguez, sealed an agreement with the Spanish company Repsol and the Italian company Eni to ensure the supply of gas in the Latin American country. “I am very pleased that it is by the hand of two European companies that stayed in Venezuela, who believed in Venezuela and that they did not turn their backs on our people” Delcy Rodríguez, interim president of Venezuela In her report, transmitted by the V…
The government of the president in charge of Venezuela, Delcy Rodríguez, signed an agreement this Thursday to “guarantee the supply of gas” with the Spanish Repsol and the Italian Eni.Continue reading...
“We are ready to invest more in Venezuela and triple production there over the next two or three years,” said Josu Jon Imaz, CEO of Repsol, to Donald Trump at the White House a couple of months ago. Then the US president had called on the top executives of the world’s big oil companies to encourage them to invest in the Venezuelan oil industry, neglected after decades of mismanagement and underinvestment. Continue reading
In particular, the exploitation of Cardón IV, one of the largest gas fields in Latin America, has been agreed, which "currently has a production of 580 million cubic feet of gas per day", according to Repsol. More information: Repsol, Naturgy, airlines and hotel companies, the Spanish companies most affected by instability in the Persian Gulf.
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