U.S. majors Chevron and Conoco eye LNG project in Venezuela
ChevronTexaco and ConocoPhillips are assembling plans to invest $2.1 billion by 2009 in a liquefied natural gas project to tap 4-6 trillion cubic feet of probable reserves offshore Venezuela.
The supermajors expect to start drilling the Loran Block of the Delta Platform in 2004. Facilities include....
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