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Venezuela Opens Gas Fields to Foreign Firms | Jamaica News

Venezuela Opens Gas Fields to Foreign Firms | Jamaica News

Published 2 weeks, 1 day ago
Description

Venezuela is revving up its energy sector by awarding natural gas exploration licenses to BP, XRG (UAE), and UCC (Qatar) for the Loran field — a bold move signaling renewed foreign investment amid policy shifts, eased U.S. sanctions, and recovery from a devastating June earthquake that claimed over 6,000 lives.

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