Ministry Of Energy And Energy Industries Media Conference On Second Specific OFAC Licence

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.