Trinidad and Tobago has received an Office of Foreign Assets Control license from the United States Department of the Treasury to develop the Dragon Gas project, indicating a pivotal step in cross-border energy cooperation with Venezuela.
The development of the Dragon Gas project signifies a strategic engagement in energy resources between Trinidad and Tobago and Venezuela, potentially impacting regional energy security and economic partnerships. This license from the United States Department of the Treasury reflects a shift in U.S. foreign policy that could influence future energy collaborations in the region.