Reuters reports that the Dutch supermajor Shell is seeking a long-term license from Washington before making a final investment decision on Venezuela’s Dragon natural gas project. Citing two anonymous sources, Reuters said Shell was seeking a 15-year license to develop the field, hoping for a positive decision, even further down the road, before investing $1 billion. Currently, there is a two-year license that was issued in January 2023. Reuters was unable to obtain comment from Shell, the U.S. Treasury Department or the…
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