Shell to Prioritize LNG Projects in Venezuela with Potential FIDs this Year
ByAinvest
Tuesday, Mar 24, 2026 2:09 pm ET1min read
SHEL--
Shell is considering potential gas final investment decisions (FIDs) in Venezuela, with a focus on natural gas monetization through LNG. CEO Wael Sawan stated that the company could make FIDs on one or two projects before the end of the year, given favorable fiscal and legal frameworks. Shell is also exploring liquids opportunities to help grow production in Venezuela.
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