Shell plans to initiate the export of natural gas from Venezuela to Trinidad and Tobago starting in 2026, aiming to meet Trinidad’s energy demands and enhance its presence in the Caribbean energy sector.
Shell has announced plans to export natural gas from Venezuela to Trinidad and Tobago with an anticipated start date in 2026. This development underscores Shell’s commitment to expanding its energy supply chains in the region. The company aims to tap into Venezuela’s vast natural gas resources to meet the demands of Trinidad and Tobago, which relies on imports to support its energy needs. This initiative reflects Shell’s strategic focus on bolstering its presence in the Caribbean energy markets and addressing the growing energy demands in neighboring countries.
In summary, Shell’s initiative to export natural gas from Venezuela to Trinidad and Tobago by 2026 signals a significant move to enhance energy supply in the region. By leveraging Venezuela’s natural gas reserves, the company not only aims to fulfill the energy demands of Trinidad and Tobago but also positions itself strategically within the Caribbean energy landscape. Such endeavors are indicative of Shell’s broader objectives in fostering energy relationships and growth in Latin America.
Original Source: www.marketscreener.com
