00:00Global energy giant BP, via its operations in Trinidad and Tobago, BPTT, has taken another step in advancing its talks
00:08with the government of Venezuela with a face-to-face meeting in Port of Spain.
00:13The Venezuelan embassy revealed on its social media pages on Wednesday that Ambassador Alvaro Sanchez received BPTT President David Campbell
00:22and BPTT Vice President Carissa Bissoun.
00:25The embassy said they held an interesting conversation covering a wide variety of topics, such as the positive outlook of
00:33the Venezuelan energy sector.
00:35TV6 News understands that the meeting took place on Tuesday at the Venezuelan embassy in Port of Spain.
00:40That day, BPTT confirmed it continued to engage in constructive conversations with the government of Venezuela and were advancing the
00:49mannequin coquina cross-border natural gas project.
00:52On its website, BPTT says that of the unitized mannequin coquina field, 66% of the discovered gas resources have
01:00been allocated to Trinidad, the mannequin field, and that additionally BP will hold 80% equity in the coquina field,
01:08with the National Gas Company of Trinidad and Tobago holding 20%.
01:12TV6 News saw an update from BPTT on the mannequin coquina cross-border gas project, as international news agency Reuters
01:19reported last week that global energy giant Shell is advancing its talks with the government of Venezuela for large areas
01:26of natural gas near Trinidad and Tobago, including Venezuela's Dragon Field.
01:31The advancement of talks by BP and Shell, respectively, with the government of Venezuela follows the United States having recently
01:39granted a general license for the development of petroleum resources in Venezuela.
01:45Jewel Brown, TV6 News.
01:47Jewel Brown, TV6 News.
01:48Jewel Brown, TV6 News.
01:49Jewel Brown, TV6 News.
01:49Jewel Brown, TV6 News.
01:50Jewel Brown, TV6 News.
01:50Jewel Brown, TV6 News.
01:50Jewel Brown, TV6 News.
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