Ministry Of Energy And Energy Industries Media Conference On Second Specific OFAC Licence
Trinidad and Tobago has received a second OFAC licence from the United States, this time for the Cocuina-Manakin field.
Minister of Energy and Energy Industries, Stuart Young, said it allows for the go-ahead to pursue exploration, production and export of gas from the field in collaboration with Venezuela, where 33% of the field resides.
The OFAC licence has been granted for two years and will expire on May 31st 2026.