CARACAS, Oct 27 (Reuters) - Venezuela's oil ministry
will ask the presidency to suspend a wide cooperation agreement
with Trinidad and Tobago for energy development, including joint
gas projects in negotiation, the South American country's oil
minister said on Monday.
Trinidad's previous government had been planning numerous
joint gas projects with Venezuela, including the 4.2 trillion
cubic feet Dragon field to be developed by Shell and
the National Gas Company of Trinidad, for which it
received a U.S. license earlier this month.
However, the new administration of Prime Minister Kamla
Persad-Bissessar has not been seen as an ally by Venezuelan
President Nicolas Maduro.
Since taking office in April, her new government has had a
close relationship with the administration of U.S. President
Donald Trump, while tensions between Washington and Caracas have
escalated.
The current relationship between Trinidad and Venezuela,
which could complement each other's energy needs, is "hostile,"
Oil Minister Delcy Rodriguez said in a broadcast message.
"In consequence, all gas agreements between Venezuela and
Trinidad would be suspended," she said, adding that President
Maduro is expected to receive the suspension request soon.
Venezuelan officials have criticized the authorization
Trinidad received from the U.S. to negotiate the flagship Dragon
project with U.S.-sanctioned Venezuela, and said Trinidad would
have to pay for any gas supplies.
The Dragon development, which lies in Venezuelan waters, has
faced long-standing delays amid frequent U.S. policy changes
since Washington imposed energy sanctions on Venezuela in 2019.
Trinidad's Prime Minister Kamla Persad-Bissessar said her
country did not need Venezuela's gas.
"We have our plans to grow our economy both within the
energy and non-energy sectors," she told the Trinidad and Tobago
Newsday newspaper on Monday.
Shell, NGC and BP, which are involved in various
projects that include Venezuela, did not immediately reply to
requests for comment.
Shell is separately developing the Manatee gas project,
which crosses the maritime border into Venezuela but had
received permission from the Maduro government to be developed
on the Trinidad side independently. It was not immediately clear
if that project could also be at risk.