UCC Oil and Gas in talks to enter Venezuela oil and gas areas, head says
Erik Keskula said UCC is discussing possible expansion into new fields in Venezuela, after the group received a long-term license for the Loran gas project.
(Adds information on government-to-government meeting) CARACAS, Sept 29 (Reuters) — Qatari producer UCC Oil and Gas Holding is in talks for its possible entrance into new fields in Venezuela, the company's head of Upstream, Erik Keskula, said on Tuesday at a conference in Caracas. UCC, British BP and XRG, a unit of United Arab Emirates' state company ADNOC, last monthwere granted a long-term license to develop the Loran gas project, one of the largestin Venezuela's waters and which extends into Trinidad and Tobago. 3 TCF. Energy producer Shell was granted a parallel license for the same gas field.
"We have interest in everything, really," Keskula said. " Venezuela's interim President Delcy Rodriguez discussed cooperation opportunities in a recent meeting in Caracas with Qatar's Minister of State Mohammed bin Abdulaziz Al-Khulaifi, Qatar's foreign affairs ministry said on Tuesday on X, without providing more details. com; +1 713 371 7559; Reuters Messaging: @mariannaparraga)