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Venezuela hands Shell a license for the cross-border Loran gas field shared with Trinidad


Rodríguez described the award as a “historic step,” recalling that the field had remained “without development” for 23 years
Venezuela on Thursday granted the British company Shell a license for a first phase of exploration and exploitation of the Loran gas field, which has seven reservoirs, six of them transboundary with Trinidad and Tobago. The signing was led by acting President Delcy Rodríguez at Miraflores Palace, the seat of the Venezuelan government.



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