
Abu Dhabi’s Adnoc Is Said to Evaluate Investing in Venezuela Gas
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Abu Dhabi's state oil company, Adnoc, is reportedly considering investments in Venezuela's energy sector. This move comes as Venezuela aims to expand its international natural gas operations. The discussions suggest a potential shift in the dynamics of energy investments in the region.
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Venezuela has vast natural gas reserves but has struggled with production and investment due to political and economic instability. The UAE's interest could signal a new phase of engagement between Middle Eastern and Latin American energy markets.
This article is based on information from unnamed sources and may be subject to change.
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