BP and Two Gulf Firms Just Took a Venezuelan Gas Field. A Year Ago It Would Have Been Illegal

Venezuela · ENERGY Key Facts —The licence bp was awarded the Lorán Phase 2 licence on 13 August, as operator, with XRG and UCC Oil and Gas Holding each holding an equal working interest — roughly a third apiece. —The gas Phase 2 covers about 4 trillion cubic feet.

The Venezuelan Lorán block holds around […]

The post https://www.riotimesonline.com/venezuela-loran-gas-licence-bp-xrg-ucc-2026/">BP and Two Gulf Firms Just Took a Venezuelan Gas Field.

A Year Ago It Would Have Been Illegal appeared first on https://www.riotimesonline.com">The Rio Times.