Post #1924

📰 NEWS | US Pushes Repsol, Eni and Maurel & Prom Out of Venezuela to Increase Economic Pressure The US has ordered Repsol, Eni, and Maurel & Prom to exit Venezuela’s oil sector by May 27, intensifying economic pressure. The companies hold minority stakes in joint ventures with PDVSA, accounting for 83,000 bpd. Repsol and Eni, co-owners of the Cardón IV natural gas project, are exploring ways to continue operations. The offshore venture produces 600 million cubic feet per day, supplying power plants and cooking gas networks. The move follows Washington’s decision to withdraw Chevron’s license, reinforcing its sanctions strategy against Venezuela’s energy industry. 🔗 Read the report here 👉🏼https://venezuelanalysis.com/news/us-pushes-repsol-eni-and-maurel-prom-out-of-venezuela-to-increase-economic-pressure #PDVSA#Sanctions