Venezuela Pitches Gas Investment in London After First 2026 LPG Export Deal
Updated
Updated · ZAWYA · Jul 30
Venezuela Pitches Gas Investment in London After First 2026 LPG Export Deal
3 articles · Updated · ZAWYA · Jul 30
Summary
London’s July 30 Venezuela Energy Week showcase is centering on regulatory reforms, commercial frameworks and financing models aimed at turning Venezuela’s gas sector into an investable export business.
January’s first dedicated LPG export agreement gave that push a concrete commercial base, followed by Venezuela’s first LPG cargo to the United States in February and initial road shipments to Colombia.
Offshore projects are the next test: Eni and partners are positioning Cardón IV’s Perla output for wider regional supply and possible LNG exports, while Shell is advancing Dragon gas exports to Trinidad and Tobago.
Venezuela still needs major spending on offshore infrastructure, processing, transport and market access, but the new LPG routes suggest gas is becoming a bigger pillar of its strategy to attract capital.