PDVSA TO CHOOSE LNG PROJECT PARTNERS SOON

Venezuela's state owned Petroleos de Venezuela SA soon will choose international partners to participate in its proposed $2.9 billion offshore liquefied natural gas export project. Work could begin in 1992 with first cargo of LNG exported in 1997. Ultimately Pdvsa wants to export 700 MMcfd of gas, mostly to U.S. markets, from fields in the Gulf of Paria between northeastern Venezuela and Trinidad. Juan Chacin, former Pdvsa president, said Pdvsa has lined up firm buyers for Venezuelan LNG

Jun 25th, 1990
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