AGP Executive Report
Last update: 3 hours agoOffshore Gas Push: bp, XRG and UCC Oil & Gas Holding have secured Phase 2 licences for Venezuela’s Loran field (Plataforma Deltana), with an estimated 4 Tcf of recoverable gas—another step in turning Venezuela into a regional gas and LNG supplier. Regional Energy Link: Trinidad and Tobago’s PM Kamla Persad-Bissessar backed the deals, saying about 7 Tcf could feed T&T processing and petrochemical plants, strengthening cross-border energy security. Caracas Housing Recovery: Acting President Delcy Rodríguez approved financial credits for 157 Caracas condominiums to rehabilitate 68 buildings and 585 homes after the June 24 earthquakes, and supervised recovery works and delivery of 77 homes. Security at Worksites: Two separate robberies targeted construction payrolls, with suspects stealing large cash sums meant to pay workers. Energy-Route Stress Watch: Commentary highlights how Hormuz tensions and sanctions are reshaping global oil logistics—relevant for Venezuela’s export planning as supply chains stay jittery.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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