JOURNAL ARTICLE

Eni Sees Path to Exporting Venezuelan Gas in Post-Maduro Opening.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Brambilla, Alberto; Zerpa, Fabiola 3 of 3

Abstract

The article focuses on Italian energy company Eni SpA's new agreement to continue selling natural gas from Venezuela's Perla offshore field to the national oil company Petróleos de Venezuela SA (PDVSA) in 2026, with plans to explore longer-term export options including floating liquefaction. The Perla field, operated jointly by Eni and Spain's Repsol SA, has been underutilized due to PDVSA's payment difficulties amid US sanctions, which are now easing under a US-supported interim administration. The agreement allows PDVSA to repay debts through crude oil cargoes and opens possibilities for exporting gas via pipeline to Colombia or as liquefied natural gas. Venezuela's gas reserves at Perla currently supply about a third of the country's gas needs, and similar export projects are underway, such as Shell Plc's work on the Dragon offshore field. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2026
  • Accession Number:192317457
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