Eni and Repsol Increase Natural Gas Production in Venezuela
Eni and Repsol plan to increase natural gas production from their jointly owned Cardon IV gas field in Venezuela from 580 million to 645 million cubic feet per day. The companies have received U.S. licenses to operate in Venezuela following the U.S. takeover of oil exports under Maduro. Repsol also aims to boost crude oil production by 50% in the country.
Topics: energy infrastructure Eni natural gas production Repsol U.S. licenses Venezuela