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Labrish
Nyuuz
T&T gets US licences for Venezuela oil and gas work
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[QUOTE="Queen, post: 86738, member: 27"] Fresh US paperwork just rebooted stalled gas deals and shoved Trinidad and Tobago back into the Venezuela energy game under Washington’s watch. New US licences reset energy play [LIST] [*]The Trinidad and Tobago government snagged two US general licences for Venezuela-linked energy work. [*]Prime Minister Kamla Persad-Bissessar pitched the move as a tighter US partnership. [*]Her statement on X framed it as a Caribbean energy hub flex. [*]Officials said compliance with US law will guide every step. [/LIST] Payment rules and tight guardrails [LIST] [*]Licence terms route taxes and royalties through US-directed foreign funds. [*]Petróleos de Venezuela SA appears only via controlled payment channels. [*]Treasury guidance blocks debt swaps, gold deals, and state-backed crypto. [*]Washington keeps final say on where the cash lands. [/LIST] Dragon and Manakin-Cocuina saga [LIST] [*]Cross-border talks center on the Dragon and Manakin-Cocuina gas fields. [*]Washington yanked earlier OFAC licences in April 2025. [*]That freeze hit projects after over US$1 million yearly taxes. [*]By October 2025, a six-month OFAC pass revived negotiations. [/LIST] Venezuela upheaval shifts dynamics [LIST] [*]A US military operation detained President Nicolás Maduro and his wife. [*]Washington said it would temporarily administer Venezuela during the transition. [*]Kamla Persad-Bissessar publicly backed the US Caribbean deployment. [*]With licences active, Port of Spain aims to lock regional energy clout. [/LIST] [/QUOTE]
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Labrish
Nyuuz
T&T gets US licences for Venezuela oil and gas work
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