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Eni, Repsol Reach Deal to Start Exporting Venezuelan Gas in 2031, Bloomberg News Reports
7 Articles
7 Articles
Eni, Repsol Reach Deal to Start Exporting Venezuelan Gas in 2031
Eni SpA and Repsol SA plan to start exporting natural gas from Venezuela by the end of 2031 after reaching a deal with Caracas to revive a long-stalled effort to expand production from a massive offshore field.
Repsol and Eni have concluded an agreement with the Government of Venezuela to start exports of natural gas by the end of 2031. The pact, advanced by Bloomberg on Monday, marks a turning point in the energy relations between European oil companies and Caracas after years of diplomatic tensions and international sanctions. The news comes at a time when Europe continues to seek alternatives to diversify its energy supply. Venezuela has the largest…
Eni SpA and Repsol SA plan to start exporting natural gas from Venezuela by the end of 2031, after reaching an agreement with Caracas to reactivate a long-standing stalled project aimed at expanding the production of a huge marine field. The agreement with the president...
Eni and Repsol agree with Venezuela to reactivate the Perla gas project and plan to export LNG in 2031, doubling production and recovering billionaire debt.
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