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Gas may serve as pretext for Venezuela to spar with T&T [Gas in Transition]

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Gas may serve as pretext for Venezuela to spar with T&T [Gas in Transition]

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Natural Gas News
Gas may serve as pretext for Venezuela to spar with T&T [Gas in Transition]

Summary

Trinidad and Tobago have a greenlight from Washington to work with Venezuela on the joint Dragon project, but Madura appears to be seeking a sweeter deal. [Gas in Transition, Volume 3, Issue 12] by: Jennifer DeLay

Tension between Washington and Caracas is hardly a new phenomenon. As the Congressional Research Service (CRS) noted in a report published last month, the US government has been restricting trade with the South American state since 2005 by imposing sanctions on a number of “Venezuelan individuals and entities that have engaged in criminal, anti-democratic and/or corrupt actions.” However, the sanctions regime became much stricter in early 2019. At that time, the administration of US President Donald Trump responded to reports that Venezuela’s incumbent President Nicolas Maduro had used fraudulent means to ensure his re-election the preceding D...

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