Venezuela’s acting president, Delcy Rodríguez, announced on Thursday, March 12, the signing of an agreement with the Spanish company Repsol and the Italian company Eni focused on guaranteeing the country’s gas supply.

Rodríguez told state television channel VTV: “I am very pleased that this is with two European companies that stayed in Venezuela, that believed in Venezuela, and that did not turn their backs on our people.”

She also indicated that the agreement covers “the exploitation of Cardón IV, one of the largest gas fields in Latin America,” located in Falcón state, which currently produces 580 million cubic feet of gas per day.

The agreement between Venezuela and the two European companies is expected to guarantee gas supplies, support national development, ensure domestic consumption, and promote exports.

M.Pino

Source: dw

(Reference image source: Martin Adams on Unsplash)

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