Venezuela Plans To Issue LNG Export Licenses To European Majors ...Middle East

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Venezuela is planning to issue in June export licenses to European majors Eni and Repsol to ship liquefied natural gas (LNG) from the country, Venezuela’s Oil Minister Pedro Tellechea has told Bloomberg in an interview. The LNG export licenses would allow Venezuela to start shipments of natural gas, having spent decades focusing only on its huge reserves of heavy crude oil.    “Eni and Repsol are interested in growing in the area of ??gas in Venezuela. They had been waiting for seven years for the export permit for natural…

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