Shell (SHEL) is in advanced discussions with Venezuela’s government to develop four areas near Trinidad and Tobago, in two areas that are the country’s largest offshore natural gas fields, Curtis Williams and Marianna Parraga of Reuters reports, citing two people familiar with the discussions. The company has been trying to advance the 4.2-trillion-cubic-feet Dragon gas field in Venezuela and could make a final investment decision by the end of the year. Additionally, Shell now wants to include neighboring areas, expanding its reach in the nation, sources added.
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