07:36 AM EDT, 10/10/2025 (MT Newswires) -- Shell (SHEL) and Trinidad and Tobago got an authorization from the US government for the development of an offshore gas field in Venezuela close to the maritime border, Reuters reported Thursday, citing Trinidad's attorney general.
The approval is structured in three stages, with the first one enabling Shell and Trinidad to negotiate the project with Venezuela and PDVSA through April, though making mandatory the inclusion of US companies in the development, the news agency reported.
The Dragon field project will supply Trinidad with Venezuelan gas, according to the report.
Shell didn't immediately respond to MT Newswires' request for comment.
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