Venezuela Gas Deal Could Power Trinidad's Future | Trinidad and Tobago News

Trinidad and Tobago is eyeing a major energy boost as Venezuela’s new gas licenses unlock the Loran field — a game-changer that could keep its Atlantic LNG plant running and free up gas for key industrial zones. With global giants like BP, ADNOC, and UCC Oil and Gas joining Phase Two, the cross-border Loran-Manatee field — holding ten trillion cubic feet — promises long-term security and regional leadership. Shell’s Manatee development is set to deliver gas by Q2 2027, while local service firms are urged to prepare for offshore opportunities. Economists see potential for revival, but warn against repeat boom-and-bust cycles and stress the need for fair deals and broader economic diversification — especially since the current government wasn’t involved in early talks amid looming shutdowns elsewhere. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5a942cae89a94238