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US licenses for Trinidad-Venezuela gas projects revoked, Trinidad says

ReutersApr 8, 2025 9:14 PM

- The United States has revoked two licenses it had granted in recent years for the development of offshore natural gas projects between Trinidad and Tobago and Venezuela, the Caribbean country's prime minister, Stuart Young, said on Tuesday.

The authorizations, which have allowed Shell SHEL.L, BP BP.L and Trinidad's National Gas Company NGCTT.UL to plan the projects, now have a May 27 deadline for the companies to wind down activities, Young said in a press conference.

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