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A&V Oil and Gas Ltd recommended
Posted: Monday, May 29, 2023
A&V Oil and Gas Ltd recommended for onshore exploration block
The Caribbean nation has pushed to expand exploration to counter declines in its oil and gas production. Gas and petrochemicals provide a large part of its export revenue.
A decision to award licenses for six of the eight blocks on offer was taken by the country's cabinet on Thursday on the recommendation of Trinidad and Tobago Energy Minister Stuart Young, the people said. Young is scheduled to address an international energy conference in Miami on Tuesday.
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